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Tag Archives: Scott Jerome

Last again: Insurance Institute gives state nation’s lowest grade for hurricane-resistant structures

The absence of a statewide building code makes Mississippi the most vulnerable of the 18 Atlantic and Gulf coast states deemed most hurricane-prone, the Insurance Institute for Business & Home Safety says. In rating the states, the Institute gave Mississippi a grade of 4 out of a possible 100. By comparison, Virginia and Florida, both of which enacted strong codes ...

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Better buildings bring stability

However, truly affordable rates are missing until companies that quit providing commercial coverage after Hurricane Katrina resume business in the region Quality construction has improved and an expanded roster of insurers willing to write policies have helped to stabilize the cost of insuring coastal Mississippi businesses against hurricane loses, insurance professionals say. But Gulf Coast businesses won’t be seeing truly affordable ...

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