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Tag Archives: Mike Chaney

Congressman, state and local leaders talk flood insurance

GULFPORT — Calling pending flood insurance increases “drastic and draconian,” U.S. Rep. Steven Palazzo of Gulfport met today with state and local leaders to discuss ways to stem the tide of rising insurance rates that are due to kick in as early as October. Palazzo, Mississippi Insurance Commissioner Mike Chaney and David Miller, associate administrator for the Federal Emergency Management ...

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Some Habitat homeowners cashed hailstorm claims checks

A yet-to-be determined number of metro Jackson Habitat for Humanity homeowners spent insurance money received for damage from the March 18 hailstorm on expenses other than repairs to their homes. About 350 of greater Jackson’s 560 Habitat for Humanity homes fell in the path of the late afternoon storm that dropped hail larger than baseballs throughout 18 Central Mississippi counties, ...

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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 year, through Aug. 1, the ...

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(UPDATE) State health care exchange monthly rates could triple

Plan to shop for insurance on Mississippi’s new health insurance exchange come Oct. 1? Then brace for sticker shock. Regardless of age, shoppers on the state’s “Federally Facilitated Marketplace” will find health insurance premiums at least 100 percent above rates to which they have become accustomed, Insurance Commissioner Mike Chaney said. “The base rate is going to be a little ...

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Chaney: Rates to soar on state healthcare exchange

Plan to shop for insurance on Mississippi’s new health insurance exchange come Oct. 1. Then brace for sticker shock. Regardless of age, shoppers on the state’s “Federally Facilitated Marketplace” will find health insurance premiums at least 100 percent above rates to which they have become accustomed, Insurance Commissioner Mike Chaney said. “The base rate is going to be a little ...

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Chaney: 2014 opening planned for business health insurance exchange

Insurance chief sees summer 2014 opening of state’s business health  insurance exchange Gov. Phil Bryant’s blocking of the Mississippi Department of Insurance from working with federal officials on an individual health insurance exchange has not deterred the department from moving straight ahead with creating an exchange for small businesses — the key being the feds have no say in its ...

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Schools hit by spiraling insurance premiums, lack of providers

HATTIESBURG — Property insurance premiums have skyrocketed for Pine Belt school districts. Some have had problems just finding a company to insure them. Lamar County School District Superintendent Ben Burnett told the Hattiesburg American that his district’s premium was about $176,000 last year but just increased by $500,000. “I was shocked,” he said. “We always budget for a percentage increase, ...

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Federal market exchange lacks health insurance providers for 36 counties

It’s well past halftime and the clock can’t be stopped as federal officials seek health insurers to cover 36 Mississippi counties before an Oct. 1 deadline for launching the state’s healthcare exchange. The Mississippi Department of Insurance is unsure what to make of a predicament it has no control over. Gov. Phil Bryant quashed Insurance Commissioner Mike Chaney’s effort to ...

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Insurance costs contribute to slow residential growth on Gulf Coast

A drive along coastal U.S. 90 reveals many vacant lots where homes and businesses sat before Hurricane Katrina in 2005. Eight years after the devastating storm, rebuilding is scarce along the beach and on nearby streets. While reasons vary, the high cost of insurance is heard more than any other reason. For full coverage, property owners near the water need ...

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