Alabama Insurance Underwriting Association News

Insurance Rates for Coastal Alabama Homeowners Going Down

Alabama homeowners insured by the state’s property insurer of last resort are paying less after the insurer implemented its first rate decrease in three years. The Alabama Insurance Underwriting Association last month called for an average 6.2 percent rate cut, …

Alabama Insurance Pool Grows As Private Market Shrinks

More Alabama homeowners are seeking their insurance coverage through the state’s windpool as the trend of private insurers shedding their wind policies continues. The Alabama Insurance Underwriting Association, known as the windpool, grew by a third between February 2010 and …