Alabama DOI Expands Policy Cancellation, Nonrenewal Prohibitions December 31, 2025 Property insurers in Alabama will no longer be able to cancel or non-renew policies because of natural disasters or because...
Alabama DOI Says Captive Moratorium Does Not Apply to Foreign RRGs October 31, 2025 Eight months after it declared a moratorium on the licensing of captive insurance companies and risk retention groups, the Alabama...
Alabama DOI Extends Moratorium on New Captives, Risk Retention Groups September 5, 2025 Alabama’s insurance commissioner has extended a moratorium on new captive insurance companies and risk retention groups until at least next...
As Some States Welcome More Captives, Alabama DOI Declares Moratorium on Them March 10, 2025 By William Rabb Just as several other U.S. states are bragging about the growing number of captive insurers domiciled there – and are...
Alabama Now Requiring Quarterly Reports From Surplus Lines Brokers January 8, 2025 Starting this spring, surplus lines brokers in Alabama must file quarterly reports showing all surplus lines transactions, the state Department...
Nonresident Surplus Brokers in Alabama Must Have $50,000 Bond Starting Jan. 1 November 12, 2024 Nonresident surplus lines brokers working in Alabama, like their in-state brethren, must secure a $50,000 fidelity bond to be licensed...
South Alabama Woman Charged With 11 Counts of Insurance Fraud July 30, 2024 An Alabama woman was arrested after she was indicted by a grand jury, charged with multiple counts of insurance fraud....
Alabama House Votes to Give DOI More Arrest Powers, Longer Statute of Limitations February 26, 2024 By Insurance Journal Staff Reports The long arm of the Alabama Department of Insurance may be about to get a little longer, after the state...
3K Alabama Homes Now Strengthened to IBHS FORTIFIED Standards May 28, 2021 The Strengthen Alabama Homes program has funded grants for 3,000 FORTIFIED roofs to help families protect their homes from severe...
Former Alabama Insurance Commissioner Mike Weaver Dies at 70 April 29, 2021 Mike Weaver, who served as Alabama Insurance Commissioner under Gov. Guy Hunt from 1988 to 1993, passed away Sunday after...