Alabama News

Ala. Jury Awards $70,000 to Vacation Homeowner in Katrina Case

A federal jury awarded $70,000 to a Louisiana financial executive who sued Boston-based Lexington Insurance Co., seeking more than $750,000 for his Mobile Bay, Ala., vacation home that crumbled under Hurricane Katrina’s winds and waves. The homeowner, Richard Preis of …

Alabama Board Turns Down Health Insurance for State Senators

A state insurance board rejected the Alabama Senate’s attempt to get state-funded health insurance Wednesday, but said the Legislature could reapply if it follows the proper steps. In the closing hours of its last session on June 7, the Senate …

IISI Offers Courier/Package Delivery Program

Innovative Insurance Solutions, Inc., an insurance advisor specializing in transportation risks, has launched a new program specifically for couriers/package delivery and others in the expedited local delivery industry. IISI is the exclusive program manager, with the authority to quote, bind …

Ala. Gov. Disapproves of Subsidized Health Insurance for State Senate

Governor Bob Riley is renewing his call for the State Employees Insurance Board to reject state senators’ attempts to give themselves taxpayer-subsidized health insurance. “First they gave themselves a huge pay raise on an unrecorded vote. Then they gave themselves …

Interim Report: No Proof Insurers Labeled Katrina Wind Claims as Flood

A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal government’s flood insurance program. At the same time, the Department of Homeland …

Officials Find Evidence of Arson, Theft at Alabama School

A fire that damaged the office of an elementary school in Fairfield, Ala., was intentionally set, State Fire Marshal Ed Paulk said last week. “There is evidence of a break-in and theft, as well as the presence of an accelerant,” …

YouTube Video Appears to Show W. Va. Medical Malpractice Evidence

HCA Inc. had nothing to do with the video posted on the Internet showing sealed evidence from several of the 122 medical malpractice cases against a former West Virginia osteopathic physician, lawyers have told a judge. A civil jury found …

Fatal Workplace Injuries Drop Slightly, Census Reports

The Department of Labor’s BLS National Census of Fatal Occupational Injuries for 2006 released today show 5,703 people died from on-the-job injuries in 2006 compared with 5,734 in 2005. The rate of fatal work injuries in 2006 was 3.9 per …

U.S. May Join Lawsuit Claiming Insurers Defrauded Government Over Katrina Claims

The U.S. Department of Justice is weighing whether to intervene in a lawsuit that accuses insurance companies of overbilling the federal government for flood damage from Hurricane Katrina, a judge who unsealed the case on Monday said. A team of …

My New Markets

Coin Laundry and Dry Cleaners Nuts & Bolts: Gridiron Insurance Underwriters Inc. is offering a program especially designed for coin laundries and dry cleaners, and similar type risks. 24-hour coin laundries are eligible. Laundry routes at apartment buildings are not …