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Tag Archives: insurance

Study finds discounts underutilized

ALEXANDRIA, Va. — Too many Americans are not utilizing all of the discounts that may be available to them in their homeowner and auto insurance. This is the finding of a new national survey conducted for Trusted Choice and the Independent Insurance Agents & Brokers of America (the Big “I”). The survey asked home and auto owners if they believed ...

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Evans brothers accused of massive fraud

A Madison title insurance company is accusing two brothers of committing mortgage fraud and leading the title company to issue fraudulent title insurance policies in Madison County and elsewhere in the state. Mississippi Valley Title alleges brothers Charles H. Evans Jr. and Jon C. (Chris) Evans committed mortgage fraud on banks and induced MVT to issue fraudulent title insurance policies. Although ...

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Businesses learn hard lessons from twisters

It was a beautiful Friday in April 2008 when Percy Thornton stepped out of Southern States Utility Trailer in Richland to grab a bite to eat for lunch. He found it curious that the storm sirens were sounding. Gauging the sky and a few innocent looking clouds, he disregarded the warning and drove off. It would be the last time ...

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Taylor writes letter to President

WASHINGTON — With President Obama’s upcoming visit to New Orleans tomorrow, Rep. Gene Taylor (D-Miss.) wrote the President urging the administration to reform the National Flood Insurance Program and revisit the Taylor-written Multiple Peril Insurance Act of 2009. Taylor says his act is a “proposed solution to the homeowner insurance crisis that is sweeping America’s homeowners throughout the Gulf and ...

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Court rules in wind-versus-water case

According to USAA, the Mississippi Supreme Court has issued a unanimous decision in Corban v. USAA, settling once and for all the legal issues surrounding Hurricane Katrina claims in Mississippi, and confirming that USAA has handled Katrina claims correctly. “This ruling is a good decision for USAA as well as for Mississippi homeowners,” said Paul Berry, a spokesperson for USAA, ...

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Deer-vehicle accidents soar

Using its claims data, State Farm estimates 2.4 million collisions between deer and vehicles occurred in the United States during the two-year period between July 1, 2007 and June 30, 2009 — 18.3 percent more than five years earlier. Mississippi experienced a 38 percent increase over the same period. According to the Insurance Institute for Highway Safety, deer-vehicle collisions in ...

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Galloway-Chandler-McKinney returns to roots

Family, friends to lead agency into the future   By WALLY NORTHWAY I STAFF WRITER wally.northway@msbusiness.com It’s a true feel-good story. After a decade of operating as a wholly-owned subsidiary of Cadence Bank, previous owners and several associates have repurchased Columbus-based Galloway-Chandler-McKinney Insurance Inc. (GCM) from Cadence. The ownership change became effective Sept. 1. Terms were not disclosed. However, the ...

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Cadence selling insurance firm

COLUMBUS — Officials of Galloway Chandler McKinney Insurance Agency Inc. (GCM) announced the execution of an agreement by which previous owners and several associates of GCM have purchased the company back from Cadence. Terms were not disclosed. The ownership change concludes 10 years of a mutually beneficial relationship in which GCM operated as a wholly-owned subsidiary of Cadence Bank. The ...

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Insurance firm launches 'green' initiative

JACKSON — Southern Farm Bureau Life Insurance Company has created the Green for Life Recycling Program in an effort to “exemplify a community-conscious entity through monetary donations, volunteer work and education.” “Up to 70 percent of the trash from an office like ours is paper that can be recycled. Recycling not only offers a money-saving alternative to waste disposal, but ...

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UMMC, UnitedHealthcare ink deal

JACKSON — The University of Mississippi Medical Center (UMMC) and UnitedHealthcare have signed an agreement giving UnitedHealthcare commercial health plan customers with in-network access to inpatient and outpatient services available through University Hospitals and Health Systems, including Holmes County Hospital and Clinics in Lexington. The agreement also includes University Physicians. Scott Stringer, M.D., associate vice chancellor for clinical affairs at ...

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