Mississippi Windstorm Underwriting Association

• Agency Celebrated 80th Anniversary with 8,000 Katrina Claims

Treutel, who had been on the board of the Mississippi Windstorm Underwriting Association (Wind Pool) for approximately 12 years when Katrina hit, was reappointed by Gov. Haley Barbour and is currently vice chairman of the board for the state-sponsored insurance of last resort for people who are unable to purchase wind insurance from private carriers.

• Mississippi Business Journal, The
• August 21, 2009

• Residential, Commercial Coverage On Coast Expensive, but Improving

[...] the market for homeowners and commercial insurance on the Mississippi Gulf Coast is slowly improving with a recent decline in the Mississippi Windstorm Underwriting Association, commonly called the Wind Pool, rates average approximately 11%, and the announcement by Insurance Commissioner Mike Chaney that four private companies have started writing wind and hail coverage on the Coast. Most carriers stopped writing new wind and hail insurance on the Coast after Hurricane Katrina, leaving the expensive state-sponsored Wind Pool as the only game in town.

• Mississippi Business Journal, The
• August 27, 2009

• Great Amer Ins Co NY v. Lowry Devel LLC, (5th Cir. 2009)

... for the Southern District of Mississippi. Before JOLLY, PRADO, and SOUTHWICK, Circuit Judge... insured under a Mississippi Education Association ("MEA") group policy. Id. at 375-77. Two years aft... name commonly given to the Mississippi Windstorm Underwriting Association. That entity was establis...

• Federal Circuits

• Insurance Costs Falling On Coast

According to information provided by the Mississippi Insurance Department (MID), property insurance cost increases can be attributed to four primary factors: 1.--The cost of catastrophe reinsurance is on the rise due to demand 2.--Wind models used to determine wind coverage rates have tightened, causing rate indications to increase 3.--Mandatory flood coverage requirements in flood prone areas 4.--Consumers whose wind coverage has been excluded must purchase higher premium wind coverage from the Mississippi Windstorm Underwriting Association (MWUA), commonly;y referred to as the Wind Pool In 2006, the year following Hurricane Katrina, State Farm filed a 13.6 percent overall statewide average increase. Scott Lemon of Lemon Mohler Agency in Ocean Springs said carriers that pulled out of ...

• Mississippi Business Journal, The
• December 28, 2009

• Boone Values Personal Relationships That Insurance Offers

Currently, he's chief marketing officer for BancorpSouth Insurance Services with responsibility for all marketing, placement and insurance carrier relationships of the company's holdings in Mississippi and seven other states. The incoming president of the Mississippi Association of Independent Agents, Boone also serves on the board of directors of the Mississippi Windstorm Underwriting Association, the Mississippi Surplus Lines Association, Mississippi Insurance Managers and the MSU Peter K. Lutken Chair of Insurance.

• Mississippi Business Journal, The
• August 28, 2009

• Grants and cooperative agreements; availability, etc.: Disaster recovery grants provided to States; waivers and alternative requirements,

... Requirements for the State of Mississippi Under Public Law 109-148; Notice. [[Page 62372]]. ... insurance maintained by the Mississippi Windstorm Underwriting Association (MWUA). HUD was initially...

• FR, October 24, 2006
• Notices
• Housing and Urban Development Department

• State-Run Property Insurers Lose Customers but Gain Risk

I.I. White Paper Examines Residual Market Property Plans NEW YORK, Nov. 29, 2010 /PRNewswire-USNewswire/ -- Florida and Louisiana have reduced the number of high-risk policyholders covered by their state-run property insurers of last resort since 2008 while still leaving non-coastal property owners vulnerable to paying for these same insurers' potential coastal losses, according to the Insurance Information Institute's (I.I.I.) recently updated Residual Market Property Plans: From Markets of Last Resort to Markets of First Choice.

... added to those incurred by Beach and Windstorm Plans, such as those in place in states such as Allabama and Mississippi, the U.S. residual market exposure to loss grows t... by the Texas Windstorm Insurance Association's (TWIA) member insurers were subject to premium t... funds to the Mississippi Windstorm Underwriting Association (MWUA), one of the state's two residua...

• U.S. Newswire
• November 29, 2010

• Rate Increase No Easy Decision for Insurance Commissioner

... George Dale granted the Mississippi Windstorm Underwriting Association (MWUA) a rate increase of...

• Mississippi Business Journal, The
• August 11, 2009

• Wind Pool Decision Tough for Insurance Commissioner

... 397.8% increase to the Mississippi Windstorm Underwriting Association. The association, which p...

• Mississippi Business Journal, The
• August 10, 2009

• Allstate Reports 2005 Third Quarter Results; Catastrophes of $3.06 Billion, after-tax; Underwriting Profitability Excluding Catastrophes Remains Very Strong.

... customers primarily in Louisiana, Mississippi, Alabama, Florida and Texas. . "Allstate has nearl... facilities and joint underwriting associations that provide insurance coverage to individuals or ... funds, LA Citizens, the Mississippi Windstorm Underwriting Association, the Mississippi Resident...

• Business Wire
• October 19, 2005