Mississippi has been trying to combat the federal plans to boost the price of coverage. The intentions to increase federal flood insurance rates is currently being challenged by Mississippi, and that state is far from being alone as Louisiana, its neighbor, has now joined the others in this legal action to try to keep the cost at an affordable level. The original lawsuit was filed by Mississippi in an attempt to stop increases at the start of October. The National Flood Insurance Program (NFIP) had announced that premiums for most…
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The Most Expensive States for Car Insurance
The United States is known the world over for being full of motoring fanatics with people loving the old and new models, taking them apart and putting in modern add-ons to improve performance, washing them to keep them clean on an almost daily basis and loving their motorsport. With all of this in mind, you would almost expect the US to be relatively cheap in terms of car insurance. You would also expect that annual insurance prices would be relatively similar across the country. However, there are some significant variations…
Read MoreHomeowners insurance claims pour in following hail storm
The widespread damage in Mississippi also lead to hundreds of auto filings within the first few hours. Within the first days following the hailstorms in Mississippi, hundreds of auto and homeowners insurance claims have been coming in due to the damage that had been left behind in the state’s capital city and surrounding areas. Authorities have yet to calculate precisely how many structures and vehicles were damaged. It looks as though Jackson and its suburbs faced the heaviest damage in the state. According to a Farm Bureau Insurance employee, Jim…
Read MoreAffordable Care Act spark dispute in Mississippi
Mississippi officials clash over provision of Affordable Care Act Mississippi is one of the states opposed to the Affordable Care Act. Since the law was passed in 2010, the state has been working to derail health care reform. Now, the state is embroiled in a dispute that has actually slowed the implementation of the law in a significant way, threatening to put the law off its carefully scheduled timeline. Governor Phil Bryant and Insurance Commissioner Mike Chaney are behind the dispute. Governor and Insurance Commissioner not seeing eye-to-eye While both…
Read MoreMississippi challenge to Affordable Care Act dismissed
Affordable Care Act challenge dismissed by federal judge After the Affordable Care Act was upheld by the Supreme Court earlier this year, the 26 states opposing the federal health care law continued working to dismantle it while simultaneously complying with its provisions. Mississippi, however, was quick to file a follow up lawsuit challenging the law. This lawsuit managed to make its way to the U.S. District Court for the Southern District of Mississippi, where federal judge Keith Starrett ruled that the challenge was “premature.” Challenge ruled as premature According to…
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