At his insurance forum in early March of this year Insurance Commissioner Chaney mentioned his office’s market conduct study of State Farm was almost complete. It looks to be comprehensive too as the Anita Lee’s story makes clear it not only will cover State Farm’s behavior but will also include Jim Hood and the Rigsby sisters.
At this point I’ll acknowledge the rumors on the street predict the study will be a complete whitewash of the events here after Katrina. Lee Harrell acknowledges those rumors too. After reading the story I now wonder if they are true. Here is today’s Sun Herald story:
The state will finish a study of how State Farm Fire & Casualty Co. handled claims after Hurricane Katrina by month’s end, Mississippi Deputy Insurance Commissioner Lee Harrell said Wednesday.
The study, anticipated before the end of 2007, began 18 months ago. Former Insurance Commissioner George Dale ordered it because of consumer complaints about how insurance companies handled Hurricane Katrina claims. Continue reading “Meanwhile the Long Promised State Farm Market Conduct Study Almost Complete”
As we expected Senator Wicker’s multi peril amendment went down in flames as an ill wind blew through the Senate. Senators Clinton, McCain and Obama were MIA. McClatchy reporter Lesley Clark has the story. Nowdy has some analysis in the works for later today.
A Gulf Coast-backed effort to add wind coverage to the National Flood Insurance Program was soundly defeated Wednesday in the Senate amid concerns it would be too costly.
The drive to add the amendment to the flood insurance bill failed, 73-19. Opponents said they were leery of the cost and opposed federal intervention in private markets.
Sen. Chris Dodd, D-Conn., who chairs the Senate Banking Committee, urged a vote against the amendment but said he was “determined to come up with some answers” on providing affordable insurance to homeowners in disaster-prone states. Continue reading “Senate Defeats Wicker’s Wind Amendment”
In Scott Bloch we find another striking example of why a thorough house cleaning and GOP purge is necessary in Washington DC this November. With this group of right wing ideologues in charge at DoJ is it any wonder Dunn Lampton still can’t make up his mind on intervening on Ex Rel Rigsby? How ironic the strange beds in which our Rigsby-hating State Farm apologist find themselves. What a mess.
The Wall Street Journal has the story.
Federal agents raided the Office of Special Counsel, a government agency involved in several high-profile and politically sensitive investigations. The agents seized computer files and documents from its chief, Scott Bloch, and his staff.
Mr. Bloch, who was appointed by President Bush, has been under investigation since 2005 by the Office of Personnel Management for employee claims that he abused his agency’s authority, retaliated against its staff and dismissed whistleblower cases without adequate examination. Mr. Bloch couldn’t be reached to comment. Continue reading “Good Job Brownie! The Rigsby Sisters & Why We Need to Clean House in DC”
What better anology to symbolize our recovery than having Grass Lawn brought back from the dead on the same day the S.S. Camille was demolished. As a child I remember both that boat and the barge that Camille laid across that section of Highway 90 back in 1970. With the tug boat gone the trip on Highway 90 in West Gulfport just won’t be the same. Here is the Video report from WLOX. Following is their print story:
“We’re getting ready to move it. Tear it down. Time for it to go,” said owner Lucille Moody, as demolition crews prepared to tear down the S.S. Hurricane Camille tugboat.
Moody is bittersweet about losing the 72 foot long landmark.
Long a popular tourist attraction, in recent years the landmark deteriorated into more of an eyesore.
“It’s rusty. It’s been sitting there for 35 years. And it was built in 1943. So, it’s time for it to go,” said Moody.
As friends joined her in a champagne toast, a growing crowd gathered to watch or photograph this bit of coast history. Continue reading “But for the S.S. Camille it was time to say goodbye”
As I predicted here, the Gulfport City Council had a change of heart and overwhelmingly approved accepting the $500,000 grant from the Department of Archives and History to complete the rebuilding fund for this symbol of Gulfport.
As Ryan LaFontaine makes clear in his report there is still a faction trying to link the old Library to Grass Lawn. Such is a political fools game in my opinion. Now for Mr LaFontaine’s Sun Herald story.
Two weeks after pulling the plug on Grass Lawn, the City Council on Tuesday voted to revive the historic mansion.
The council last month voted against accepting a $500,000 grant from the state Department of Archives and History to help rebuild the antebellum Grass Lawn mansion.
But after several days of what some considered unfair media scrutiny, the council voted 6-1 to accept the money. Continue reading “Grass Lawn is Back On….”
I missed today’s Sun Herald editorial in my rush to get out the door early this morning. I’ve traveled to Madison County and back with a brief stop over at Nowdy’s so far today. She is a visual learner and mouse dependant. I’m a keyboard shortcut type of guy. Since I’ve immediately detoured away from the subject matter of my post title I’ll also share something publically about Bellesouth.
Nowdy shared an email with me today from Belle that I appreciated. I like Belle and though we have not yet met in person we certainly enjoy having her around Slabbed. She helps us on and offline and frankly she deserves a chunk of the credit for the blog itself.
She is also made fun of a good bit on other less tolerant weblogs. We at slabbed, just like Sid Salter, are happy she reads and contributes to the blogosphere (ummm sometimes I bet Sid wants to strangle Belle but to his credit he won’t ban her). Belle is 100% genuine southern Mississippi Belle and being from the diverse gulf coast I like that. We don’t have enough Belles down here.
We also note the points she made were not refuted on Rossmiller’s blog yesterday. However Mr Rossmiller did admit to being a yes man to Belle in a rare moment of personal honesty. I like that too. All in all I’m 100% pro-Bellesouth and wouldn’t change a thing about her cyber persona. We’re going to meet in person sometime soon and hopefully she’ll join us writing posts here at slabbed.
Speaking of the Insurance Coverage Blog I enjoyed seeing the Risk Professor out and about Continue reading “The Sun Herald Opines in Favor of Multi-Peril Insurance”
Citizens Insurance is the Louisiana equivalent of the Mississippi Wind Pool. Due to incentives passed by the legislature private carriers are taking over 30,000 policies. However, as Rebecca Mowbray reports, things aren’t quite as simple as transfering the policies to a private carrier.
Responsibility for about 30,000 homeowners insurance policies is expected to be transferred from Louisiana Citizens Property Insurance Corp. to private insurers that won incentive grants from the state starting on June 1, shrinking the state-sponsored insurer of last resort to nearly its pre-Katrina size.
In addition, two of the five companies that won millions of dollars in matching grants from the state have begun selling homeowners policies to the public, and others are expected to follow later this summer.
John Wortman, chief executive of Citizens, said the group plans to offer a second “takeout” round in the fall, when private companies can bid to take over policies in Citizens. Continue reading “Louisiana Citizens Insurance Shedding Customers Plus New Markets Opening”
Today’s council meeting ought to be very interesting after the public outcry over the last Grass Lawn vote. Woe to the councilmen who let politics get in the way of good judgement. Ryan LaFontaine again has the story:
The City Council will reconsider a controversial grant today to help rebuild the antebellum Grass Lawn mansion.
Last month the council surprisingly voted against a budget amendment to fund the building of a replica Grass Lawn on the property.
The mansion, built in 1836, was so revered by Gulfport that the home had a place on the city’s official seal.
The city already has insurance and FEMA money to rebuild Grass Lawn and the council recently voted unanimously to award a design contract to architect Frank Genzer. Continue reading “Meanwhile the Grass Lawn Vote is on Tap”
The board of supervisors are going the extra mile checking with the Department of Archives & History to be certain the building isn’t legally historic before awarding the demolition contract. Ryan LaFontaine at the Sun Herald has the story.
The old downtown library lives on, at least for a few more days.
The Harrison County Board of Supervisors was expected to hire a demolition firm Monday to break the old library to pieces and haul it off the beachfront property.
However, the county decided to delay the move until it hears back from the state Department of Archives & History on whether the old building has any historical value.
County officials said a report from FEMA determined the building had little historical value, but to be sure, the supervisors voted unanimously to check with the state Archives & History. Continue reading “Gulfport Library Demo Delayed”
Rep. Taylor was on Newswatch This Week yesterday evening discussing a wide variety of topics including Multi Peril Insurance and which candidate he supports as a super delegate. Thanks Cowboy for the video.