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Mississippi-based Cadence Bank sells insurance operations for $904 million
SUMMARY: Cadence Bank is selling its insurance operations to Arthur J. Gallagher & Company for almost $1 billion. The insurance division of Cadence, based in Tupelo, specializes in various sectors including construction, real estate, and healthcare. The acquisition by Gallagher, an American insurance brokerage firm based in Chicago, offers long-term growth opportunities and expands Gallagher’s presence in the southeastern region. The transaction is expected to close in the fourth quarter of 2023. Cadence Bank will focus on its core banking relationships, while Gallagher will integrate Cadence Insurance’s executive leadership, management, and employees into its operations.
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SUMMARY: As Thanksgiving approaches, Jackson-Medgar Wiley Evers International Airport (JAN) in Mississippi anticipates its busiest holiday season in years, with peak travel expected from November 26 to December 2. During Thanksgiving 2023, nearly 27,000 passengers flew through JAN. The Jackson Municipal Airport Authority (JMAA) urges travelers to arrive two hours early for parking and security. A new Dunkin’ Donuts has been added to the airport’s dining options, which now includes four other food and drink venues. JMAA CEO Rosa Beckett emphasized their commitment to ensuring a seamless travel experience. Nationwide, 5.84 million travelers are expected to fly during this period.
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SUMMARY: A Pearl police officer has been fired and is accused of stealing money, although no criminal charges have been filed. Chief Nick McLendon reported that the Mississippi Bureau of Investigation is looking into the allegations, which surfaced on Monday. The officer was placed on administrative leave while McLendon sought termination approval from the city’s Board of Aldermen, which was granted. McLendon emphasized the importance of transparency and accountability in law enforcement, stating that the officer should be presumed innocent until proven guilty while the investigation continues.
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SUMMARY: Voters in central Mississippi will participate in runoff elections on Tuesday for two judicial seats: the state Supreme Court and the Court of Appeals, due to no candidates achieving the required majority in the Nov. 5 general election. Justice Jim Kitchens faces Republican State Senator Jenifer Branning for the Supreme Court, with Branning having led with 42% of the vote. Kitchens seeks a third term and has dissenting views on death row cases. In the Court of Appeals race, Amy St. Pe’ and Jennifer Schloegel are vying for the position. Polls close at 7 p.m. CT, with voter turnout crucial for candidates.
The post What to expect in Mississippi’s judicial runoff elections appeared first on www.supertalk.fm
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Local News6 days agoCelebrate the holidays in Ocean Springs with free, festive activities for the family
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