Posts Tagged ‘real estate’

BBB issues warning involving asphalt paving scam

by MBJ Staff Published: April 16,2014

Tags: asphalt paving, Better Business Bureau, complaint, driveway, home, real estate, scam

JACKSON — The Better Business Bureau (BBB) is urging consumers to beware of a scam involving door-to-door salesmen offering low-cost quotes on asphalt paving. Over the past week, BBB has received calls and complaints from local consumers who were approached by salesmen offering to pave driveways for very low costs, claiming to use asphalt “left-over” […] [...]

Chaney drops lawsuit against National Flood Insurance Program

JACKSON — The state of Mississippi’s lawsuit against the National Flood Insurance Program (NFIP) will be withdrawn pending the Federal Emergency Management Agency’s (FEMA) implementation of a new law passed by Congress “intended to alleviate some of the draconian rate increases facing Mississippi homeowners,” Commissioner of Insurance Mike Chaney said. Chaney and the Mississippi Insurance […] [...]

Man indicted, accused of bankruptcy fraud

JACKSON — A Jackson man was indicted Wednesday on charges that he defrauded his bankrupt business of more than $9 million. William “Butch” Dickson faces charges in U.S. District Court in Jackson. The 58-year-old is being held without bond in Mississippi, and a court appearance was set for Tuesday. Federal prosecutors say that after Dickson’s […] [...]

Huntington Ingalls mulling redevelopment of shipyard

AVONDALE, La. — Shipbuilder Huntington Ingalls Industries said it will look at redeveloping its Avondale, La., shipyard with a Texas-based pipeline company. After a six-month study, the companies could form a joint venture to redevelop the shipyard near New Orleans, which otherwise is expected lay off most of its 740 employees this summer. “The joint […] [...]

Fight between county, insurer over courthouse fire continues

ABERDEEN — A dispute over how much an insurance company owes Webster County for its burned courthouse has moved into federal court. The Webster County Board of Supervisors and Atlantic Specialty Insurance Co. have sued each other, with two separate cases now pending in U.S. District Court in Aberdeen. Officials have said an electrical short […] [...]

Senators push FEMA to implement flood insurance reform

WASHINGTON, D.C. — U.S. Sens. David Vitter (R-La.), Thad Cochran (R-Miss.) and John Hoeven (R-N.D.) have sent a letter to the Federal Emergency Management Agency (FEMA) Administrator Craig Fugate requesting a meeting to discuss a plan to implement the recently passed flood insurance reform law and reinstating rates as Congress intended. The senators want Fugate […] [...]

County sells proposed landfill site to local cardiologist

CORINTH — Alcorn County supervisors have accepted a bid of $1,100 per acre for 125 acres once proposed for a rubbish landfill. The board of supervisors voted 3-2 for the sale to Corinth cardiologist Dr. John Prather. The proceeds will go into the county solid waste fund. The county had owned the 129-acre property for […] [...]

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 […] [...]

Bryant signs hurricane deductible bill into law

JACKSON — Mississippians will see uniform rules about when hurricane deductibles apply to their homeowners insurance under a law that Gov. Phil Bryant has signed. House Bill 756, sponsored by Biloxi Republican Scott DeLano, requires Insurance Commissioner Mike Chaney to rule that higher deductibles apply beginning when a hurricane watch or warning is issued somewhere […] [...]

Attorney pleads guilty to defrauding two banks, court

BILOXI — A Coast attorney has pleaded guilty covering up evidence connected to a scheme to defraud two banks and the U.S. Bankruptcy Court. The government says in a news release that it is seeking restitution on behalf of the victims in the amount of $7.7 million. Stephen Richard Colson entered the plea in U.S. […] [...]

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