Latest Alabama Headlines

All the headlines from our Alabama Topic Page, ordered by recency.

Montgomery, Ala.-based Alfa Corp. Buys Vision Insurance Group

Jan 4 2005 // Montgomery, Ala.-based Alfa Corp. has purchased Vision Insurance Group of Brentwood, Tenn. The transaction involved $20 million in cash and stock, with an additional purchase consideration of as much as $14 million, based...

ALABAMA AGENTS PLAN MARCH LEGISLATIVE CONFERENCE:

Jan 3 2005 // Agents will be briefed about pending Alabama legislation, review topics to discuss with Alabama legislators and attend a BBQ at the Capital March 17 during the 18th Alabama Independent Insurance Agents Legislative...

Dec., Jan. Worst Months for Auto-Deer Collisions in Ala.

Dec 28 2004 // There is one deer for every 2.5 registered vehicles in Alabama — 1.8 million deer and 4.5 million vehicles according to the Insurance Institute for Highway Safety in Arlington, Va. Usually, deer stay in the woods and...

SBA Filing Deadline Extended to Jan. 3 in Fla., Ala.

Dec 23 2004 // The U.S. Small Business Administration (SBA) has extended application deadlines to Jan. 3 for residents and business owners in Florida and Alabama. A spokesman said it has approved more than $1 billion in loans in Florida...

Alabama Agents Schedule March Legislative Conference

Dec 8 2004 // Alabama agents will be briefed about pending legislation, review topics to discuss with Alabama legislators and attend a BBQ at the Capital March 17 during the 18th Alabama Independent Insurance Agents Legislative...

Ala. County Commissioner Indicted

Dec 2 2004 // A five-count federal indictment was handed down by a Birmingham Grand Jury charging Cherokee County Commissioner Leonard Woodall with accepting bribes and making false statements. Woodall is also accused of lying to FBI...

Ala. Insurance Agents Plead Guilty in Bribery Case

Nov 22 2004 // Two insurance agents have pleaded guilty in Birmingham, Ala., to giving money to Cherokee County elected officials in exchange for the county’s insurance business, the latest corruption case to surface in the...

Ala. Agents Plead Guilty in Bribery Case

Nov 2 2004 // Two insurance agents have pleaded guilty in Birmingham, Ala. to giving money to Cherokee County elected officials in exchange for the county’s insurance business, the latest corruption case to surface in the...

Alabama’s DOI On A Fact-finding Mission to Interview Brokers, Companies

Oct 29 2004 // The Alabama Department of Insurance is interviewing brokers and companies that are tied to entities that have attracted the attention of prosecutors in New York and other states. “There have been serious allegations...

Ala. Gov. Riley Notes More Counties Added to Federal Disaster Declaration

Oct 5 2004 // Alabama Gov. Bob Riley announced President Bush has approved his request to add more Alabama counties to the federal disaster declaration due to damage caused by Hurricane Ivan. “Now more Alabamians will be able to...

Ala. Hurricane Victims Get Grace Period on Premiums Following Ivan’s Visit

Sep 23 2004 // Alabama Gov. Bob Riley and Insurance Commissioner Walter Bell on Wednesday directed insurance companies in Alabama to provide a 60-day grace period on non-payment of premiums to citizens affected by Hurricane Ivan. The...

RMS Estimates Ivan Insured Losses at $3-$6 Billion

Sep 22 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses in the U.S. from Hurricane Ivan are expected to be between $3 and $6 billion. RMS’...

Ala. Gov. Riley Requests Federal Aid for Farmers

Sep 21 2004 // Alabama Gov. Bob Riley on Monday asked U.S. Agriculture Secretary Ann Veneman to declare Alabama a federal agriculture disaster area due to the devastation brought by Hurricane Ivan. An agriculture disaster declaration...

Alabama Gov. Riley Reports Great Progress in Recovery Efforts From Ivan

Sep 20 2004 // Alabama Gov. Bob Riley on Sunday said Alabama’s recovery efforts continue to make great progress in delivering water, ice and other assistance to victims of Hurricane Ivan. Riley also encouraged residents to follow...

RMS: Potential Losses for Hurricane Ivan, $2 to $7 Billion

Sep 17 2004 // Risk Management Solutions (RMS), reported that insured losses from Hurricane Ivan in the U.S. are likely to range from $2 to $7 billion, based on updated information on landfall location and wind speeds. Additional insured...

Alabama Gov. Riley Requests Federal Disaster Declaration as Ivan Hits

Sep 16 2004 // Alabama Gov. Bob Riley announced during a news conference at the Alabama Emergency Operations Center on Wednesday he has requested President Bush declare 44 counties federal disaster areas due to Hurricane Ivan. “We...

President Declares Disaster Areas for Alabama, Louisiana, Mississippi

Sep 16 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced today that President Bush ordered the release of federal disaster funds and emergency resources for...

Ala. A.G. Warns Against Price Gouging, Home Repair Fraud in Wake of Ivan

Sep 15 2004 // Alabama Attorney General Troy King warned unscrupulous contractors and businesses that he will be vigilant against those who seek to profit illegally at the expense of Alabamians who suffer damage and others who seek...

RMS: Potential Losses for Ivan $4 to $10 Billion

Sep 15 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses in the U.S. could range from $4 to $10 billion if Hurricane Ivan follows the latest...

Companies Cease Writing New Coverage as Ivan Makes Unwelcome Visit to Alabama

Sep 15 2004 // According to information from the Alabama Department of Insurance, once hurricanes pass certain coordinates on the global map, insurance companies will cease offering new coverage and will not allow payments on lapsed...