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Law & Accounting

Health plans group CEO sees momentum growing for state control of insurance exchange

CLINTON, Mississippi — The CEO of the Mississippi Association of Health Plans says it is likely that state lawmakers will try to shift Mississippi’s health insurance exchange away from federal control to state control within a year. Jeff Drozda, a former United Health Care lobbyist and six-year member of the Indiana Senate, said momentum is growing among Mississippi legislators to ...

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'King of Torts' has finally abdicated

The legal saga of Richard “Dickie” Scruggs is finally over. The U.S. Supreme Court has chosen not to hear an appeal from the former attorney who earned the nickname “King of Torts” and amassed a fortune from the tobacco-related lawsuits in the 1990s. Scruggs, who practiced out of Oxford, pleaded guilty to trying to influence a Mississippi judge back in ...

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Kay Whittington to head MDEQ Office of Land and Water Resources Resources

JACKSON, Mississippi – Kay Whittington, veteran staff member of the Mississippi Department of Environmental Quality and current chief of  basin management, has been named director of the Office of Land and Water Resources. She is currently chief of the Basin Management Branch in MDEQ’s Surface Water Division Whittington replaces Richard Ingram who retires Oct. 31. MDEQ Executive Director Trudy Fisher ...

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Businessweek: Debt default will bring economic calamity, new depression

Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever seen, Bloomberg Businessweek predicts. Failure ...

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Hosemann not feeling generous toward unauthorized charity

Secretary of State Delbert Hosemann is not feeling real charitable toward Bit by Bit Equine, and he is warning Mississippians not to get in the saddle with the Pearl-based charity. Hosemann says Bit by Bit Equine is not registered with the state as is required by law, and continues to solicit donations in Mississippi despite a cease and desist order ...

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Furniture Brands bankruptcy judge picks higher bid

By Dennis Seid, Daily Journal A U.S. Bankruptcy Court tapped KPS Capital Partners as the stalking horse bidder for Furniture Brands International, which filed for Chapter 11 last month. KPS’ $280 million bid is $20 million higher than the one offered by Oaktree Capital Management, which had initially been favored by Furniture Brands to be its stalking horse bidder. A ...

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Now they're stealing buses in the Capital City

It’s not uncommon to hear the city of Jackson called to as “Jacktown” in reference to its volume of auto thefts. Now, the Capital City thieves have raised the bar — they stole a city bus. According to a report from the Clarion-Ledger, the Jatran bus was taken last night from the bus yard on Terry Road and was later ...

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U.S. catfish producers charge FDA letting in tainted foreign fish

INDIANOLA, Mississippi — Catfish Farmers of America (CFA) claims inadequate inspections by the U.S. Food and Drug Administration (FDA) allowed Asian fish with high levels of formaldehyde into the country. “The FDA is failing miserably when it comes to protecting consumers from the dangers of imported seafood and catfish,” said Ben Pentecost, Mississippi catfish farmer and president of CFA. The ...

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Feds: Mississippians will pay among steepest Obamacare rates in U.S.

JACKSON, Mississippi — Mississippi is one of the poorest states in the nation, and its residents will pay some of the highest premiums under a federally run health insurance exchange, the Associated Press reported Wednesday. The federal government released information Wednesday showing the estimated cost of a mid-range plan under the exchanges created through the Affordable Care Act will be ...

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Former Union County coroner gets 4 years on bogus death investigation claims

JACKSON, Mississippi — Mark Golding knows where the bodies are buried but is going to jail anyway. Golding, former Union County coroner, received a 4-year prison sentence Monday after pleading guilty to two counts of fraud by a public official. State Auditor Stacey Pickering said an investigation of Golding found he submitted false claims totaling $276,591 to the Union County ...

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