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Executives see benefits of building code legislation.

Publication: Mississippi Business Journal
Publication Date: 27-FEB-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Executives see benefits of building code legislation.(Insurance & Employee Benefits)

Article Excerpt
Insurance executives in Mississippi have a keen eye on Senate Bill 2807, touted as the "Building a Better and Stronger Mississippi Act."

Because passing legislation establishing a new statewide building code would be "too hard of a sell," industry lobbyists favor legislation that would set up building codes for the eight southern-most counties, plus Forrest and Lamar counties.

"It's going to require a good bit of study on the House side, but I think it'll still pass because everybody's sympathetic to the people down there," said Buddy Oliver, chairman of the legislative committee for the Professional Insurance Agents (PIA) of Mississippi. "We're supportive of it."

Senate Insurance Committee member Mike Chaney (R-Vicksburg) sponsored the compromise bill, which was referred to the House Ways and Means Committee on February 15.

"So many insurance companies are watching this bill very closely and want...

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