Alabama News

Jackpot justice

Few political issues get the business community’s attention like tort reform. Not surprisingly, business owners do not like to be sued any more than they like paying higher insurance costs fueled by lawsuits. One of the most influential business lobbies, …

My New Markets

General Liability – Builders & Contractors Nuts & Bolts: Golden Insurance Co. is providing primary and excess general liability insurance to homebuilders, remodelers and subcontractors. HOA and multifamily work is acceptable. Dollars: $300,000 to $2 million. Carrier: Golden Insurance Co. …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. This broad coverage includes: general liability, excess/umbrella liability, workers’ compensation, property, auto and first and third party dishonesty …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. Coverage includes general liability, excess/umbrella liability, workers’ compensation, property, auto, and first- and third-party dishonesty. Coverage is underwritten …

Ala.: Regions Names Owen Senior Executive Vice President

Regions Financial Corp. of Birmingham, Ala., named John Owen as senior executive vice president, Operations, Technology, Corporate Real Estate and Procurement. Owen will serve as a member of the company’s Executive Leadership Committee. He replaces Dave Gordon, who will retire …

Report: Calif., Minn., N.J., N.C. Have Worst Traffic; N.D., S.C. Have Best Roads

Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …

Sloan Mason Offers Maritime Employer’s Liability Coverage

Sloan Mason announced it has new $1 million maritime employer’s liability capability, to be written in conjunction with workers’ compensation/United States Longshore and Harborworkers Compensation Act coverage for companies with marine and longshore exposures. The program is available in all …

House Passes Uniform Surplus Lines Insurance Reform

The U.S. House of Representatives passed H.R. 1065, the Nonadmitted and Reinsurance Reform Act of 2007, legislation that if enacted, will help increase the efficiency of the existing state-based insurance regulatory system, supporters say. H.R. 1065 is virtually the same …

PCI Names Hanson Public Affairs Manager for Southeast Region

The Property Casualty Insurers Association of America has appointed Jessica Hanson as the public affairs manager for the southeast region. Hanson will be based in PCI’s Tallahassee, Fla., office and will develop and manage public affairs activities in Florida, Georgia, …

Main Asks Ala. Insurance Board to Reject Request from Senators

Alabama State Finance Director Jim Main has asked the State Employees Insurance Board to reject an application from the Alabama Senate that could mean a significant reduction in the cost of health insurance premiums for senators. Legislators are currently eligible …