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Tag Archives: insurance

Feds want nearly $1M in restitution from former attorney

ABERDEEN — The U.S. government is seeking $914,162 in restitution unpaid by a former Mississippi attorney convicted in a tax and mail fraud case in 2009. The Northeast Mississippi Daily Journal reports prosecutors filed a payment affidavit this week in U.S. District Court in Oxford. U.S. District Judge Sharion Aycock has scheduled an April 2 hearing in Aberdeen for William ...

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Insurers setting up in Fairgrounds to meet post-storm demand

JACKSON — Due to the large volume of auto claims being filed following last Monday’s hailstorm, the Mississippi Insurance Department has arranged for insurance companies to use the Mississippi State Fairgrounds as additional damage inspection stations. These sites will be in addition to the multiple locations companies have set up across the area to inspect vehicles by appointment only. Beginning ...

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Commissioner expects tens of thousands of post-storm claims

ACROSS MISSISSIPPI — The hail storm that hit Mississippi could result in 35,000 to 50,000 insurance claims for automobile and property damage, Mississippi Insurance Commissioner Mike Chaney says. Chaney said the numbers are based on information provided by insurers, but he declined to speculate on a dollar figure because the claims could range from a couple hundred dollars for a ...

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Dems: Rejecting Medicaid expansion will hurt state's rating

JACKSON — Mississippi House Democrats said yesterday that the state could hurt its own financial standing if it rejects Medicaid expansion, but Republican Gov. Phil Bryant said he’s not convinced that would happen and he still opposes putting more people on the government health program. Democrats pointed to a statement made last week by Moody’s Investors Service, which is one ...

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A.M. Best upgrades insurance agencies rating, outlook

JACKSON — A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to “a-” from “bbb+” of Mississippi Farm Bureau Casualty Insurance Company. The outlook for both ratings has been revised to stable from positive. A.M. Best wrote: “Mississippi Farm Bureau’s ratings reflect its solid risk-adjusted capitalization and generally favorable underwriting ...

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Act now before storm season

If you think preparing for storm season only means stocking up on extra drinking water and food or filling your gas tank, you are missing a very important step in your preparations. You should get to know your insurance policy. Knowing what’s covered and what’s not can save you a world of trouble and possibly a lot of money if ...

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CLM invites Carlson

Biggs, Ingram, Solop and Carlson, PLLC’s Mark Carlson has been invited to join The Claims and Litigation Management Alliance. The CLM is a nonpartisan alliance comprised of thousands of insurance companies, corporations, corporate counsel, litigation and risk managers, claims professionals and attorneys. Carlson brings 30 years of complex trial experience and a wealth of knowledge to his areas of practice ...

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Battle of Medicaid expansion continues in Legislature

JACKSON — Mississippi House Democrats said they are trying to bring pressure on Republicans to revive a Medicaid bill that’s blocked in a committee. Republicans, meanwhile, say Democrats are playing politics with a government health insurance program that covers about one in every five Mississippi residents. The Mississippi Medicaid program is up for renewal this year, as it is every ...

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White House rejects Chaney's health exchange plan

JACKSON — The Obama administration has rejected Mississippi’s proposal to create a state-run health insurance exchange, according to state Insurance Commissioner Mike Chaney, dealing a blow to his bid to craft an exchange despite the opposition of Republican Gov. Phil Bryant. Chaney, during a news conference, said he was “sorely disappointed” that the application had been denied. “The effect on ...

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Thompson pushing Congress for levee-repair program

ACROSS MISSISSIPPI — The top Democrat on the U.S. House Homeland Security Committee says Congress must establish a program to help state and local governments repair levees across the nation. Rep. Bennie Thompson of Mississippi says he issued his statement in response to a report by The Associated Press that showed 326 levees covering more than 2,000 miles are in ...

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