Alabama News

Fla. Customers, Politicians Still Looking for Insurance Rate Cuts

About six months ago, Gov. Charlie Crist signed legislation he said would lower property insurance premiums, looked into the television cameras and proclaimed, “help is on the way.” He told Floridians they would finally get relief from insurance bills that …

It Figures

$5 billion The amount Florida officials said they are considering borrowing to make sure the Hurricane Catastrophe Fund will have enough to pay claims in the event of a large hurricane. 50,000 The number of homeowners’ policies State Farm Insurance …

My New Markets

Vacation Income Property (VIP) Nuts & Bolts: Middle Oak is offering insurance designed exclusively for vacation income property. What is covered: homes, condos, short term or year round rentals, owner use, two nights, seasonal etc. In the name of a …

Won’t go away from the water

Survey finds one-third on coast will resist evacuation According to a new survey of people in high-risk hurricane areas, one-third (31 percent) of residents said if government officials said they had to evacuate due to a major hurricane this season, …

Ranking State Road

1. North Dakota 2. South Carolina 3. Kansas 4. New Mexico 5. Montana 6. Georgia 7. Wyoming 8. Oregon 9. Nevada 10. Idaho 11. South Dakota 12. Kentucky 13. Minnesota 14. Indiana 15. Texas 16. Ohio 17. Missouri 18. Virginia …

People and Places

The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on Sept. 4. PCI represents more than 1,000 …

People

The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on Sept. 4. PCI represents more than 1,000 …

Daniel to Run Southeast Region for Cunningham Lindsey

Larry “Dan” Daniel has been appointed vice president and southeast regional manager for Cunningham Lindsey U.S. In his new role, Daniel will have operational control for the states of Alabama, Georgia, Florida, Mississippi, North Carolina, South Carolina and Tennessee. Daniel …

Ala. Judge Appoints Prosecutors in Katrina Insurance Case

A federal judge appointed two veteran Birmingham, Ala., attorneys to prosecute a prominent Mississippi attorney and his law firm for criminal contempt in a Hurricane Katrina insurance dispute. In an order made public July 27, U.S. District Judge William Acker …

Ala. Outdoorsman Facing $1 Million Judgment Apparently Flees U.S.

Edmond H. “Eddie” Smith IV, a flamboyant Alabama outdoorsman who was fitted with an electronic monitoring device and faces an order to pay more than $1 million in an insurance fraud case, has fled and may be in another country, …