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News  |  Magnolia Tribune  • 
August 7, 2017

Insurance commissioner Chaney, Congressman Thompson back private flood insurance option

Analysis: Top Mississippians back private flood insurance Mississippi’s top insurance regulator and its only Democratic congressman are both ready to cede some of the federal flood insurance market to private insurers. Both Republican Insurance Commissioner Mike Chaney and U.S. Rep. Bennie Thompson say they’re open to proposals being considered in Congress that would make it…
News  |  Magnolia Tribune  • 
August 7, 2017

Insurance premium tax key factor in boosting month one FY18 state revenue

Insurance premium tax boosts state revenue JACKSON – The 3 percent tax on all insurance premiums sold within Mississippi was a key factor in making July a good month for state revenue collections. For the month of July, the first of the new fiscal year, revenue on the insurance premium tax was $14.3 million or…