Mississippi News

Dhandho Acquiring Louisiana’s Stonetrust Commercial Mutual Insurance

Stonetrust Commercial Mutual Insurance Holding Co. announced it has agreed to be acquired by Dhandho Holdings LP and Dhandho Holdings Qualified Purchaser LP, based in Irvine, Calif. Stonetrust is a Louisiana-based mutual insurance holding company and the parent company of …

Houser Promoted to President – Markel Wholesale’s Mid South Region

Markel Corp. has promoted Wendy Houser to president, Mid South region, of Markel’s Wholesale division. The Mid South region includes Arkansas, Louisiana, Mississippi, New Mexico, Oklahoma and Texas. Houser joined Markel in 2008 and helped to establish Markel’s Mid South …

Louisiana Community ‘a Ghost Town’ a Year After Isaac

Isaac barely had hurricane-strength winds when it blew ashore southwest of New Orleans a year ago, but its effects are still apparent in coastal areas where it flooded thousands of homes. After landfall on Aug 28, 2012, Isaac stalled, dumping …

Eastern Insurance Holdings Opens Gulf South Regional Office

Eastern Insurance Holdings Inc. has opened a Gulf South regional office in support of subsidiary Eastern Alliance Insurance Group (EAIG), a domestic casualty insurance group specializing in workers’ compensation insurance. EAIG’s Gulf South regional office will provide workers’ compensation insurance …

Miss. Motorist Sentenced for Fraudulently Filing Duplicate Claims

Authorities in Mississippi announced this week that a local motorist will spend 12 months in jail for committing insurance fraud. Motorist Johnnetta White was sentenced to three years in the custody of the Mississippi Department of Corrections with two suspended, …

U.S. Insured Losses from Hurricane Isaac Could Reach $2B: AIR

Catastrophe modeling firm AIR Worldwide estimates that insured losses from Hurricane Isaac to onshore properties in the U.S. will be between $700 million and $2 billion. AIR estimates include wind and storm surge damage to onshore residential, commercial and industrial …

Isaac Brings Heavy Rain, Strong Winds to Mississippi

A tow truck driver was killed Thursday morning in Pearl River County when a tree fell on his truck, the first death in Mississippi from Isaac. The death of the unidentified driver on a Picayune, Miss., street came during heavy …

Mississippi Urges Homeowners to Protect Property Before Evacuating

Mississippi Commissioner of Insurance Mike Chaney issued a statement urging coastal homeowners to take steps to protect their homes until the danger of Hurricane Isaac has passed.The commissioner advised homeowners that they should carry with them a home inventory when …

Mississippi Law Calling for Hurricane Mitigation Credits Takes Effect

Mississippi residents along the state’s coastline who are building new homes or chose to strengthen their current homes against hurricane damage can now qualify for premium credits from their property insurer. Under a new law that took effect last month, …

Bill Permits Golf Carts on Mississippi City Streets

A bill that would allow golf carts on the streets of Diamondhead has been sent to Mississippi Gov. Phil Bryant, who has until today, May 3, to act on the bill. The Sea Coast Echo reported that House Bill 1670 …