Friday, May 24 2013 6:49 AM EDT2013-05-24 10:49:03 GMT
It's a voyage that helps introduce tourists to those small waterfront towns that they may not ordinarily think to visit. A cruise ship docked in Biloxi on Wednesday night. Then on Thursday, passengersMore >>
It's a voyage that helps introduce tourists to those small waterfront towns that they may not ordinarily think to visit. A cruise ship docked in Biloxi on Wednesday night. Then on Thursday, passengers visited several attractions including the Biloxi lighthouse and the visitors center. The Grande Caribe set sail from New Orleans and will continue on until it reaches St. Petersburg. Crew members said it's the stops along the way that makes these small cruises stand out.More >>
Monday, May 13 2013 12:24 PM EDT2013-05-13 16:24:04 GMT
MARION COUNTY, MS (WDAM) - A weekend-long drug raid left 22 individuals behind bars, and more arrests to come. According to Marion County Sheriff Berkley Hall, the drug raid is the result of severalMore >>
A weekend-long drug raid left 22 individuals behind bars, and more arrests to come.More >>
Thursday, May 23 2013 5:38 PM EDT2013-05-23 21:38:18 GMT
The picture of a George County dog set on fire is disturbing. Authorities say the circumstances surrounding how fire consumed the dog are shocking. According to George County Sheriff Dean Howell, 20-year-oldMore >>
Socks, the dog reportedly burned this week by his owner, has died. That word comes from a George County Sheriff's deputy. Socks succumbed to injuries suffered after 20-year-old Brandon Pierce allegedly set his dog on fire Tuesday night. The suspect told deputies he torched the dog because he "wanted to help the dog go to heaven."More >>
Thursday, May 23 2013 10:07 PM EDT2013-05-24 02:07:07 GMT
"Study the past if you would define the future." Those words were once said by Confucius and those are the words the Historical Society of Gulfport strives toward for its city. Wednesday, that societyMore >>
Hoping to highlight Gulfport's history, members will be making that building a museum and welcome center for the city.More >>
BAY ST LOUIS, MS (WLOX) - Five members of the Mississippi Windstorm Underwriting Association are in England this week, trying to make sure the state's wind pool gets the lowest re-insurance rates possible.
Reasonable rates will help keep down premiums for wind pool policy-holders.
Hundreds of homes and buildings destroyed by Katrina are now being rebuilt under new stricter building codes and standard. Wind pool board member David Treutel says that's perhaps the most important message wind pool board members will take to the reinsurers.
"Basically, what we want them to know, while we had some major devastation after Katrina and had over 70,000 homes that were seriously damaged or destroyed, many of those homes that were damaged or destroyed have been built back better, safer, stronger than they were before."
Right now, the wind pool insures about 46,000 homes on the coast with approximately $7 billion worth of coverage. The reinsurers would step in if another major storm strikes, and current wind pool funds are drained.
"If there is a catastrophic loss like we saw in Katrina, many of our policy holders are all putting in major claims at the same time. The re-insurers allow us to spread the risk. These are the ones that would reimburse and help cover the losses."
Truetel said getting a favorable rate is more important than ever, because the state failed to provide a $20 million subsidy this year, as it has in the past.
"Whenever you can give a reinsurer more information to remove doubt or fear, then they usually respond by giving you a better rate."
He said those better rates mean more manageable costs for property owners.
Mark Cumbest is the only wind pool board member from the coast who is in London. The group will meet with seven reinsurer groups this week before returning home this weekend. David Treutel has made the trip four times before.
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