Alabama News

Accidents at Busy Miss. Intersection Create Safety Issue

Whenever truck driver Cameron White exits U.S. 78 onto McCullough Boulevard in Tupelo, Miss., he feels fear in the pit of his stomach. White said the intersection is one of the most dangerous in the area. He holds his breath …

Ala. Supreme Court Reverses $3.85 Million Malpractice Verdict

The Alabama Supreme Court pointed to jury instruction error in reversing a $3.85 million award for a Jackson couple in a medical malpractice suit over the death of their 6-year-old son. The ruling allows a retrial in Mobile County of …

Ala. Heat Wave Shutdown at Browns Ferry Stirs Nuclear Debate

The recent shutdown of a Browns Ferry reactor in Alabama because of high Tennessee River temperatures was international news. In the mainstream press from Britain to Germany to Malaysia, on National Public Radio, and in anti-nuclear blogs worldwide, people who …

Ark. Agencies to Merge

BancorpSouth Insurance Services Inc., a subsidiary of Mississippi-based BancorpSouth Bank, announced it reached an agreement to acquire Insurance Network of Jonesboro, Ark., effective Sept. 1, 2007. Insurance Network will become part of BancorpSouth’s Little Rock, Ark., insurance division, Ramsey, Krug, …

Berkley to Buy American Mining Insurance Co.

Insurance holding company W. R. Berkley Corp., based in Greenwich, Conn., is acquiring acquire CGH Insurance Group, the owner of American Mining Insurance Co. American Mining, based in Birmingham, Alabama, has specialized in providing insurance protection to the mining industry …

Ala. Coast Condo Industry Pushes for Action on Rising Insurance Rates

As Labor Day tourists take an end-of-summer beach trip, owners of thousands of condominiums that line the Alabama Gulf Coast say they’re getting burned by soaring insurance premiums. Insurance legislation aimed at making coverage available and affordable on the coast …

U.S. Distributes $109 Million to States with Primary Seat Belt Laws

U.S. Transportation Secretary Mary E. Peters announced that 17 states, the District of Columbia, Puerto Rico and four territories will receive more than $109 million under a federal program to encourage and enforce seat belt use. “Having a strong seat …

It Figures

3.3% The voluntary market rate increase for industrial risks being sought by Virginia workers’ compensation carriers. Rates for surface coal mines could rise an average 4.8 percent. The request was filed on behalf of insurers by the National Council on …

Editor’s Note: Southern discomfort

Southern governors, hardly a group to create government programs where they aren’t needed, are frustrated over what to do. A leading national independent agency leader urged Southern governors to use their “bully pulpits” to bring together the leaders in the …

My New Markets

Nurseries and Tree Farms Nuts & Bolts: Advanced AFT insures trees, plants and shrubs both in the ground and in containers for property insurance excluding crops (wheat, corn etc.). Dollars: $250,000 to $10 million. Carrier: Rated “A” by A.M. Best. …