I meant to post a reminder this morning, but the official server of Magnolia Marketplace was late to realize that the Labor Day holiday did not stretch into Tuesday.
Nevertheless, Mississippi Insurance Commissioner Mike Chaney keynoted today’s monthly luncheon of the Stennis Capitol Press Corps. Chaney hit on a number of things during his roughly 35-minute presentation that featured a slideshow. The biggest news, and it wasn’t really news, is that Chaney said there was “no way” the Mississippi Insurance Department was going to grant State Farm’s request for a 45 percent rate increase in homeowner’s insurance policies on the Mississippi Coast. Chaney had made that assertion shortly after the company formally asked for it a couple weeks ago.
The MID is also freezing some open positions, including those that would inspect mobile homes in the state, while the budget situation remains unsettled. Chaney did say that he would issue a request for proposals “in the next 14 to 21 days” to private companies to perform the inspections.
The rest of the Chaney’s time at the podium was spent running down the details of the State Fire Academy. Chaney, by statute, is the boss of it, and it looks pretty interesting. There are several cars and even an airplane submerged in a lake on the premises that act as training aids for rescue operations that require underwater maneuvering around cars and/or airplanes.
Pretty neat, right?