Tag: mississippi

Mississippi challenge to Affordable Care Act dismissed

Nordstrom
Health Care Reform

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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Mississippi Insurance Commissioner Chaney finds a way to build a health insurance exchange

S.Vagus
Florida Health Insurance

Commissioner Chaney faces down political disparities Per the Affordable Care Act, all states in the U.S. are required to build health insurance exchanges. For the majority of the country, this is no longer an issue of politics, but one of finance. For the 26 states that sought to dismantle the federal health care law, however, building a health insurance exchange will be a difficult issue to deal with. Mississippi Insurance Commissioner Chaney, for example, is facing the problems of establishing an exchange in a state that continues to oppose the…

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MEMA releases flood insurance information for consumers

New York Homeowners Insurance Rules

MEMA information could help consumers understand their policies and file claims The Mississippi Emergency Management Agency (MEMA) has released information that aims to help the victims of flood file flood insurance claims. Mississippi residents that have flood insurance receive their coverage through the National Flood Insurance Program (NFIP). The majority of the state’s homeowners, however, do not have coverage that protects them from the damage caused by floods. Yet, many of these homeowners believe they are adequately protected by the coverage they receive through the state’s wind pool policies. MEMA…

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Hurricane Isaac may cause $1.5 billion in damage

S.Vagus
Hurricane Isaac Homeowners Insurance Industry Damages

Eqecat predicts the havoc caused by Hurricane Isaac Hurricane Isaac may cause more than $1.5 billion in damage as it makes its way through Louisiana, according to Eqecat, a leading catastrophe modeling firm. The hurricane, which made landfall earlier in the week, is expected to makes its way through Louisiana, Mississippi and Alabama. Thus far, the storm has caused a significant amount of damage in and has left more than 644,000 people across several states without power. Eqecat suggests that Hurricane Isaac is just reaching its stride and the storm…

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Hurricane Isaac may make its way to Mississippi

S.Vagus
Tropical storm Isaac

Isaac matures into a hurricane and Mississippi prepares for storm’s arrival Tropical Storm Isaac has matured into a full-fledged hurricane as it made landfall in Florida early Monday. According to Florida’s Citizens Property Insurance, more than 300 claims have been generated by the storm already, with many more expected in the coming days. Isaac’s path is expected to continue well beyond Florida, reaching as far as Mississippi, where that state’s Department of Insurance is taking the time to remind homeowners to take caution before evacuating their property if such action…

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