Aegis Security to Resume Miss. Business

Aegis Security Insurance Company will resume writing new manufactured housing and dwelling policies in Mississippi beginning Saturday, March 1. The company, which had halted writing new business in Mississippi after Hurricane Katrina in an effort to reduce its exposure to assessments from the Wind Pool, will also be offering a 20 percent overall rate reduction. The decision to resume writing business came in part due to recent changes in the Mississippi Wind Storm Underwriting Association (MWUA), or Wind Pool, assessment process.