by Associated Press Published: May 18,2011
Tags: casinos, disaster, flooding, floods, gambling, gaming, hotels, natural disasters, restaurants, shipping, tourism
MISSISSIPPI RIVER — There has been some recent good news from the flooding Mississippi River as ship traffic has resumed and another riverboat casino announced it was reopening. Shipping already curtailed because of flooding that is plaguing the Mississippi River was halted for much of yesterday when officials closed the waterway north of New Orleans [...] [...]
WASHINGTON — The continuing failure of Congress to extend the National Flood Insurance Program (NFIP) is placing homeowners at risk during the hurricane season and with the BP oil leak continuing, according to the National Association of Professional Insurance Agents (PIA). The nation’s flood insurance program has been in lapsed status since June 1, after [...] [...]
NORTH MISSISSIPPI — Individuals in Alcorn, Benton, Lafayette, Tippah and Tishomingo counties who were unable to work because of severe storms, tornadoes and flooding may apply for Disaster Unemployment Assistance (DUA). People who live or work in one of the affected counties and could not work because of major destruction caused by severe storms, tornadoes [...] [...]
JACKSON — Mississippi Farm Bureau Federation president David Waide told members of the House Agriculture Committee that current crop insurance products available in the southeast do not provide farmers with adequate risk protection. Waide was one of nine presenters to tell the legislators from Washington, D.C., about issues that must be addressed by the agricultural [...] [...]
OLDWICK, N.J. — After significant catastrophe losses in first quarter 2010, U.S. property/casualty insurers and global reinsurers are hoping their balance sheets do not face further financial risks, even as conditions appear ripe for the upcoming hurricane season to be potentially as active as 2005, according to A.M. Best Co. The industry enters the season [...] [...]
BATON ROUGE, La. — Entergy Corp. received permission Wednesday from state regulators to charge Louisiana customers for $408 million in storm damage from hurricanes Gustav and Ike and for replenishment of $290 million in storm reserves. Entergy will sell bonds to get upfront cash, and that debt will be paid off through surcharges on customers’ [...] [...]
GULFPORT — Greg Toczydlowski, president of personal insurance for The Travelers Companies Inc., participated April 8 on behalf of The Travelers Institute in a roundtable discussion in Gulfport hosted by Sen. Roger Wicker (R-Miss.). The session convened insurance industry experts, business scholars and elected officials at Mississippi Gulf Coast Community College to explore long-term solutions [...] [...]
FORT COLLINS, Colo. — Hurricane forecasters say cooler ocean temperatures in the Pacific and warmer temperatures in the Atlantic increases the risk for the East Coast to be slammed by a hurricane this season. Colorado State University researchers Wednesday updated their Atlantic hurricane season forecast, saying there’s a 45 percent chance of a hurricane hitting [...] [...]
ORLANDO, Fla. — The National Hurricane Center is considering adding a storm-surge warning to its list of watches and warnings issued during hurricane season. Center officials floated the idea of a storm-surge warning Wednesday to a crowd of emergency managers, first responders and meteorologists attending the 2010 National Hurricane Conference in Orlando. No decision will [...] [...]
JACKSON — The Department of Homeland Security has released $100 million approved by Congress to allow Mississippi to move forward with an interoperable communications system to improve its responses to emergencies and disasters. The $100-million grant derives from Federal Emergency Management Agency (FEMA) Hazard Mitigation Grant Program funds allotted to the State of Mississippi after [...] [...]
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