If you think preparing for storm season only means stocking up on extra drinking water and food or filling your gas tank, you are missing a very important step in your preparations. You should get to know your insurance policy. Knowing what’s covered and what’s not can save you a world of trouble and possibly [...] [...]
Superstorm Sandy in 2012 followed an unprofitable 2011 year worldwide for insurers, so it should come as no surprise that coverage for insurance including commercial insurance is increasing in price. “Over the past year or two, we’ve seen slight increases in property rates,” said Brandt Galloway, a partner with Galloway Chandler-McKinney insurance, Columbus. “Upgrades to [...] [...]
That’s Mississippi, always looking out for the rest of us. So goes the cynical commentary after two-term Rep. Steven Palazzo embarrassed Mississippi with his vote last week against federal aid for Hurricane Sandy recovery. As the national media has been quick to point out, Palazzo is a taker but not much of a giver. Rep. [...] [...]
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The economic damage from Sandy, which meteorologists and scientists dubbed “Frankenstorm” before and during her strike on the Northeastern U.S. last week, will likely take months to calculate. Mississippi State University economists said that, like the storm surge in Manhattan and along the Jersey Shore, Sandy’s financial impact could be historic. Part of that will [...] [...]
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