Biloxi Council Approves Portions of Insurance Package
From: City of Biloxi Vincent Creel Filed 7/6/06 GCN
Biloxi Mayor A.J. Holloway said he was pleased that City Council members approved portions of the city’s property insurance package this morning, and he hoped councilmembers will agree to renew the city’s fire insurance policy during a special-called meeting Friday morning.
Councilmembers this morning voted to approve the city’s flood, automobile and equipment policies, and part of the proposed wind policy, but stopped short of approving policies to provide fire insurance and an additional $10 million in coverage for wind and other perils.
Those attending the meeting and voting in favor of the measure were councilmembers David Fayard, Ed Gemmill, Tom Wall and Mike Fitzpatrick.
“This is a good first step,” Holloway said, “but the issue won’t be fully resolved until we follow through on the additional portions of the package, the fire insurance and coverage on other perils.”