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Tag Archives: insurance

Insurers face Oct. 1 deadline for Clarity Act

Insurers in Mississippi have an Oct. 1 deadline to provide the state Insurance Department with data mandated by the new Property Insurance Clarity Act. Mississippi follows neighboring Alabama and Louisiana in requiring major insurance companies to supply details on premiums and losses by county and zip code. Insurance Commissioner Mike Chaney had already issued his own data call back in ...

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Chaney readies contingency plan if court rules against insurance exchanges

By JACK WEATHERLY  The Mississippi Insurance Department has developed a proposed contingency plan  in case the U.S. Supreme Court invalidates federally run health-insurance exchanges in 36 states, including Mississippi. Insurance Commissioner Mike Chaney said Thursday in an interview with the Mississippi Business Journal that the replacement would protect the federal tax credits that would otherwise be lost to about 100,000 Mississippians. ...

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Paperwork mounts for insurance workforce

By BECKY GILLETTE  Businesses in Mississippi are facing not just increased paperwork associated with the reporting provisions required under the Affordable Care Act (ACA), but also the possibility of defending the business from legal action and major fines if a government audit finds the business has failed to comply with any of the regulations. The law has introduced many rules and ...

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Humana and Bill, Hillary and Chelsea Clinton Foundation partnering

NATCHEZ — Humana Inc. and the Bill, Hillary and Chelsea Clinton Foundation have formed a partnership aimed at improving the health of Adams County by 20 percent by 2020. The multi-year initiative from Humana and the Clinton Foundation’s Health Matters Initiative (CHMI) will work with people in Adams County to remove barriers to well-being and improve the health of Mississippians. ...

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DOMESTIC VIOLENCE AND THE WORKPLACE — In most cases, state, federal laws exist for employers to handle any crisis

Recent cases of domestic abuse in the National Football League have made the news, but the problem is not new. Nor have businesses had to scramble to develop or adjust employee policies and penalties regarding domestic violence. Members of the Society for Human Resource Management (SHRM) say the majority of the companies they represent have policies in place. E. Russell ...

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NCCI petitioning for workers' comp rate decrease

JACKSON — Employers in Mississippi could start paying less for workers’ compensation insurance as early as next March, pending approval of a rate filing at the Mississippi Insurance Department. The National Council on Compensation Insurance has filed an average 3.2 percent statewide rate reduction with the MID. “At a time when we are seeing so many filings and rate requests ...

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LIFE CHANGES — Insurance re-enrollment time is near; make sure your coverage reflects your changing needs

When annual enrollment time for employer-sponsored insurance plans comes around, it can be difficult to drum up much interest by employees in evaluating their insurance plans and making adjustments. According to a survey by MetLife, often employees aren’t all that excited by the prospect of annual benefits enrollment. “In fact, their annual encounter with the often complex and sometimes unfamiliar ...

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SouthGroup Insurance named to 'Best Practices' study

RIDGELAND — SouthGroup Insurance Services is part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA) “Best Practices” Study Group. Each year since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, join forces to study the country’s leading agencies in six revenue categories. The ...

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