Alabama News

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Private Schools (K-12) Nuts & Bolts: Markel Insurance Co. is an admitted, “A” -rated carrier that insures private K-12, Montessori, charter, trade/vocational, business, and correspondence schools. Available coverage includes general liability, umbrella, sexual abuse/molestation, corporal punishment, educators’ liability, sports liability, …

Business Moves

The Republic Group The Republic Group, headquartered in Dallas, Texas, announced its entry into the personal and commercial lines insurance markets in Mississippi. The companies will distribute homeowners, dwelling fire, commercial lines, and farm and ranch products through independent agents …

News Currents

Report: Insurers did not shift wind claims p:”Our sample revealed no evidence that wind damages were improperly attributed to flooding,” the Department of Homeland Security reported after reviewing 98 flood claims. A preliminary report from the federal government found no …

Commissioners to Hold Coastal Issues Public Hearing in Alabama

National Association of Insurance Commissioners (NAIC) President and Alabama Insurance Commissioner Walter Bell, along with other members of the NAIC’s Southeastern Zone, is holding a public hearing to address insurance issues in coastal zones. Bell and state insurance regulators from …

La. Commissioner to Co-Host Hearing on Coastal Insurance Issues

Louisiana Commissioner of Insurance Jim Donelon and state regulators from Alabama, Florida, Mississippi and South Carolina will host a public hearing Sept. 24 on insurance issues affecting the Gulf Coast. The event is sponsored by the National Association of Insurance …

State Farm Settles 103 Katrina Cases in Mississippi

State Farm Insurance Cos. has settled with 103 policyholders in Mississippi who challenged the company’s refusal to cover damage to their homes from Hurricane Katrina, a lawyer for the homeowners said Monday. Terms of the settlement are confidential, said attorney …

Ala. Agencies Cooperating to Boost Trooper Patrols on Deadly Roads

The Alabama Department of Transportation and the Alabama Department of Public Safety are cooperating to boost state trooper patrols on roads where there have been a high number of deadly crashes during the past few years, according to Gov. Bob …

Alabama, Florida Officials Share Costs on Hurricane Evacuation Route

Alabama and Florida officials started a jointly funded project this week that will provide a four-lane hurricane evacuation route from the Florida Panhandle to Interstate 65 in Alabama. It’s a rare case in which a Florida county is helping fund …

Gilsbar, CNA Offers Liability Insurance to Mo. Attorneys

Gilsbar Specialty Insurance Services, one of the largest administrators of CNA Lawyers’ Professional Liability insurance, recently announced that it is now offering professional liability insurance coverage to attorneys practicing in the state of Missouri. Quotes are available now for new …

Ratings Recap: Accident Fund, American Mining, CNA

A.M. Best said that its ratings on Accident Fund Group of Lansing Mich. and its subsidiaries “remain unchanged following the recent announcement that Accident Fund Insurance Company of America will be acquiring CWI Holdings, Inc. and its subsidiaries.” Best noted …