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Tag Archives: wind mitigation

Insurance clouds gathering

Wind pool or mitigation are the two issues that have folks up in arms There’s a political storm brewing over the state’s obligation to the wind pool. The Mississippi Windstorm Underwriters Association, commonly called the wind pool, is a fund created after Hurricane Katrina to help homeowners on the Mississippi Gulf Coast procure homeowners insurance. Since fiscal year 2007, the ...

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State Farm to offer wind-mitigation discounts

MISSISSIPPI GULF COAST — State Farm will offer discounts in Mississippi beginning May 1 for homes and rental property strengthened against wind damage. Insurance Commissioner Mike Chaney tells The Sun Herald that he approved State Farm’s plan to offer the mitigation discounts. They will apply to new construction and retrofits to older homes. Discounts range from 8 to 30 percent, ...

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