Posts Tagged ‘Mississippi Department of Insurance’

Three insurers selling in state on health care reform website

JACKSON — Three companies are now selling health insurance in Mississippi through a federal website created under the health overhaul that President Barack Obama signed into law. That’s up from two in the state last year. A three-month annual enrollment period started Saturday for consumers seeking coverage through the online marketplace, or health exchange. It’s […] [...]

Chaney: New building codes law could save lives, money

JACKSON — Mississippi Insurance Commissioner Mike Chaney believes Mississippi’s citizens can have more confidence in the strength and resilience of their new homes and also potentially save money on insurance premiums with the signing of Senate Bill 2378, creating mandatory statewide building codes, if local leaders decide to operate under the new law. A mandatory […] [...]

Security Plan completes purchase of Magnolia Guaranty

RIDGELAND — Security Plan Life Insurance Company has completed the purchase of Magnolia Guaranty Life Insurance Company. On March 7, Citizens Inc. subsidiary Security Plan completed its acquisition of Magnolia of Ridgeland for $5.23 million. Security Plan paid cash in exchange for 409,553 shares of Magnolia capital stock outstanding. In response to receiving the Mississippi […] [...]

Chaney reports low participation in health exchange

JACKSON — Fewer than 150 Mississippi residents have signed up for coverage through a federally run health insurance website, the state insurance commissioner said yesterday. Mike Chaney told The Associated Press that enrollment has been slow in Mississippi, as in other states, because of problems with the website that opened Oct. 1 — www.healthcare.gov . […] [...]

Bryant rescinds part of executive order concerning Blue Cross/HMA fight

JACKSON — Gov. Phil Bryant is backtracking from part of an executive order he issued in a dispute between the state’s largest insurer and a hospital company. Bryant signed a document yesterday saying he is rescinding the parts of his Oct. 22 order that would have required Blue Cross Blue Shield of Mississippi to resume […] [...]

Judge blocks governor’s attempt to force Blue Cross to pay in-network rates

JACKSON — A federal judge yesterday blocked Gov. Phil Bryant from compelling Mississippi’s largest health insurer to resume paying its in-network rate to a chain of 10 hospitals. U.S. District Judge Henry T. Wingate read a temporary restraining order from the bench saying Bryant didn’t provide enough proof to justify an executive order he issued […] [...]

Chaney, Hood warn of insurance marketplace-related scams

JACKSON — Insurance Commissioner Mike Chaney and Attorney General Jim Hood are warning Mississippians to be aware of the con artists that may emerge as federal and state agencies prepare for the Federal Facilitated Health Insurance Marketplace (FFM) rollout under the Affordable Care Act (ACA). “We see scammers try to take advantage of such transitions, […] [...]

Federal government gives conditional approval for SHOP

JACKSON — Mississippi Insurance Commissioner Mike Chaney received conditional federal approval yesterday to run an online marketplace where businesses with 50 or fewer employees can buy health insurance, starting in January. Chaney was doing a telephone interview with The Associated Press when he received the notice from Health and Human Services Secretary Kathleen Sebelius. He […] [...]

State on pace to break record for fewest fire deaths

ACROSS MISSISSIPPI — Mississippi is on pace once again to have the lowest number of fire deaths on record. State chief deputy fire marshal Ricky Davis tells The Clarion-Ledger 62 people died in fires last year, with 37 of those deaths occurring by Aug. 1. The 62 deaths were the lowest since record-keeping began. This […] [...]

Wind pool rate to go up 3.2% for homeowners, 5% on commercial policies

MISSISSIPPI GULF COAST — Insurance rates for the state wind pool are set to increase Dec. 1 on renewals and new policies. The Sun Herald reports a Mississippi Insurance Department filing shows owners of homes and mobile homes will see hikes of 3.2 percent, and commercial policies will go up 5 percent. Wind pool director […] [...]

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