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Climate change and changing weather patterns could impact insurance rates

By BECKY GILLETTE Issues like climate change and shifting weather patterns can have a big impact on how property insurance rates are calculated, said Mississippi Insurance Commissioner Mike Chaney, who is also the chair of the Catastrophic Working Group for the National Association of Insurance Commissioners (NAIC). The nation is seeing more frequent and severe natural disasters, with the number ...

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BILL CRAWFORD: Hospitals closing and healthcare for working poor becoming campaign issues

“Half of Mississippi’s rural hospitals at risk of closing, report says,” read the startling headline in Mississippi Today. “Thirty-one of Mississippi’s 64 rural hospitals, or 48 percent, are at ‘high financial risk,’ according to a national report of rural hospitals from independent consulting firm Navigant,” read the article. Perhaps even more startling was this from an article in News Mississippi: ...

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Mississippi House votes to limit landowners’ liability

Attorneys in the Mississippi House are sharply divided over a bill that could limit the liability of landowners or property managers who are sued by people harmed on their property. The House voted 74-39 Monday to pass Senate Bill 2901 , named the “Landowners Protection Act.” The vote was largely along party lines, with most Republicans supporting it and most ...

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Hub International acquires assets of Fortenberry McNamara LLC

Hub International Limited a leading global insurance brokerage, announced today it has acquired the assets of Fortenberry McNamara LLC. Terms of the transaction were not disclosed. Fortenberry McNamara, a division of Executive Planning Group P.A., located in Jackson, is an employee benefits consulting company that provides insurance underwriting, employee benefits and human resource consulting. William McNamara, one of the owners ...

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Mississippi could see push-pull on Medicaid expansion

Just as the leader of Mississippi’s Medicaid program cracked open the door Monday to the idea of expanding health coverage to some of the state’s uninsured residents, Lt. Gov. Tate Reeves seemed to slam it shut. Medicaid Director Drew Snyder told House Appropriations Committee members Monday that the agency continues to hear from hospitals about how many patients don’t have ...

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Generic drugs leaving you feeling gouged?

By TED CARTER Talk often turned to price-fixing whenever leaders of generic drug companies gathered a half dozen or so years ago, say Mississippi’s attorney general and attorneys general of 46 other states. The result:  Mississippians and residents of the other states paid artificially inflated prices for generic drugs and continue to do so, say the states in a lawsuit ...

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It’s not REM, but Rusty Healy Agency is working out just fine

By NASH NUNNERY If Rusty Healy had his druthers, he’d be playing his dream gig as lead guitarist for 1980s indie rock band REM. But instead of basking in the afterglow of sold-out arenas and the Rock ‘n’ Roll Hall of Fame, Healy works in the insurance business as the owner of the Rusty Healy Agency in Madison. Channeling his ...

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LUBA named to Business Insurance magazine list

Business Insurance magazine announced today that LUBA Workers’ Comp has been named to its annual “Best Places to Work in Insurance” list. The program selects the country’s best employers in the insurance industry. The list includes agents, brokers, and insurance companies. LUBA Workers’ Comp is a regional casualty insurance company that provides workers’ compensation coverage across Louisiana, Texas, Arkansas, and ...

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