Latest Alabama Headlines
All the headlines from our Alabama Topic Page, ordered by recency.
Alabama licenses first captive
Feb 25 2007 // The Alabama Department of Insurance has licensed its first captive insurance company under legislation enacted in 2006 and signed into law by Gov. Bob Riley. Chantilly Risk Management, which is located in Montgomery, is...
State Farm to Retain Coverage of Some Coastal Ala. Residents
Feb 20 2007 // Approximately 135 homeowners in the Fairhope-Daphne area whose policies were set to be non-renewed by State Farm Insurance are expected to have their coverage retained. Previously, State Farm notified the Alabama...
One-on-one interviews with 15 insurance regulators
Feb 12 2007 // One-on-one interviews with 15 insurance regulators At a recent meeting of the National Association of Insurance Commissioners, Insurance Journal sat down with 15 insurance regulators to talk about issues affecting their...
Alabama – Walter Bell
Feb 11 2007 // Newly elected president of the National Association of Insurance Commissioners, Walter Bell, also Alabama’s insurance commissioner, says state-based insurance regulation is at a “crossroads.” One of his...
Alabama Senate Leader Calls for Special Session on Coastal Insurance
Feb 8 2007 // Alabama Senate President Pro Tem Hinton Mitchem urged the governor to consider calling the Legislature into special session to address insurance cancellations and skyrocketing costs along the Alabama coast. “The...
First Ala. Captive Insurer Licensed Under New Law
Feb 7 2007 // The Alabama Department of Insurance has licensed its first captive insurance company under legislation enacted in 2006 and signed into law by Gov. Bob Riley. Chantilly Risk Management, which is located in Montgomery, is...
State Farm Won’t Renew 2,600 Policies in Alabama Beach Towns
Feb 5 2007 // Facing hundreds of hurricane-damage lawsuits on the Mississippi coast, State Farm Fire and Casualty Co. cited back-to-back years of storm losses in announcing Friday it will not renew coverage for about 2,600 policyholders...
Alabama Considers Tougher Teen Driving Laws
Jan 30 2007 // A state committee looking for ways to save lives on Alabama highways wants to get young drivers off cell phones and put new restrictions on how many passengers they can carry. The State Highway Safety Coordinating...
Business Moves
Jan 7 2007 // AssuranceAmerica Corp. AssuranceAmerica Corp., an Atlanta-based insurance holding company, has written its first auto insurance policy in Louisiana. The company now writes in six states including Georgia, Florida, South...
Infinity to Consolidate Units in Alabama; 500 New Jobs Possible
Dec 29 2006 // Birmingham headquartered Infinity Property and Casualty Corp. announced the latest phase of its growth plan, which promises to benefit Alabama’s economy and create new jobs. Assisted by incentive packages from the...
State Preparations for Pandemic Flu Creative But Vary Widely
Dec 19 2006 // Trailers packed with cots and medical supplies are parked in secret locations around Colorado, ready for doctors to open makeshift hospitals in school gyms if a flu pandemic strikes. Parts of southeastern Washington are...
Another Merck Victory: Ala. Jury Rejects Claims Against Vioxx
Dec 18 2006 // State court jurors sided with drug manufacturer Merck & Co. on Friday and rejected the claims of an Alabama man who blamed the painkiller Vioxx for a heart attack in 2001. Attorneys for Gary Albright, 57, had told...
Alabama’s Bell to Lead National Insurance Commissioners Group
Dec 6 2006 // State Insurance Commissioner Walter Bell is about to become the first Alabamian to lead the National Association of Insurance Commissioners. Bell takes over as president on Sunday during the NAIC’s meeting in San...
Judge Slashes Pay for CEO of Ala.-based Vesta Insurance
Nov 21 2006 // A bankruptcy judge slashed the monthly salary of Vesta Insurance Group chief executive David Lacefield to $15,000, siding with creditors who claimed he was making too much as the company is liquidated. U.S. Bankruptcy...
Alabama mayor resigns to join coastal captive
Nov 20 2006 // Foley, Ala., Mayor Tim Russell has resigned with two years remaining in his term in order to serve on a planned coastal insurance captive for south Alabama. Russell, who owns an insurance agency and became mayor about 12...
Judicial races in Southeast, nation prove contentious, costly
Nov 20 2006 // The midterm 2006 judicial elections saw judicial campaign contribution and advertising records smashed in numerous states holding high court elections. Voters went to the polls in 22 contested Supreme Court races in 10...
Alabama mayor resigns to join coastal captive
Nov 19 2006 // Foley, Ala., Mayor Tim Russell has resigned with two years remaining in his term in order to serve on a planned coastal insurance captive for south Alabama. Russell, who owns an insurance agency and became mayor about 12...
News Currents
Nov 19 2006 // Judicial races in Southeast, nation prove contentious, costly Business groups spend heavily but come up short in a number of judicial contests The midterm 2006 judicial elections saw judicial campaign contribution and...
Alabama Mayor Resigns to Join Coastal Insurance Agency
Nov 8 2006 // Foley Mayor Tim Russell resignedthis week with two years remaining in his term and will serve on a planned coastal insurance agency for south Alabama. Russell, who owns an insurance agency and became mayor about 12 years...
Gov. Riley, Republicans Expected to Win Big in Alabama
Nov 7 2006 // A new statewide poll indicates Alabama Gov. Bob Riley is headed to an easy re-election victory over Lt. Gov. Lucy Baxley and puts Republican candidates ahead in the races for lieutenant governor, attorney general and...
