Oil giant BP says it has paid more than $657 million for grants, claims and recovery costs in Alabama from the oil spill in the Gulf of Mexico. The oil company released updated figures this week on the amounts it …
Republicans were not only victorious in the U.S. House but also in state houses across the country. Tuesday night’s GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …
ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Jim Shevlin as senior vice president and regional executive officer for its Southeast region, and Tim Rau as senior vice president and regional executive officer for the …
Alabama insurance officials will consider an industry proposal to lower workers’ compensation loss costs in the state at a public hearing tomorrow in Montgomery. Citing reduced claims frequency, workers’ compensation insurers have recommended lowering voluntary market loss costs by an …
Liberty Northwest, a Liberty Mutual Agency Markets regional company, appointed Danny R. Schamma to vice president, finance. He will direct the business planning process, oversee financial reporting and analysis, and develop and implement strategies for expense management. He will be …
Pioneering “This new lab is a tangible, dramatic, generous demonstration of the property insurance industry’s deep commitment to reducing and preventing losses that disrupt the lives of millions of home and business owners each year.” —Julie Rochman, Institute for Building …
A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …
The Alabama Insurance Underwriting Association, the state’s wind insurer of last resort, will stop issuing policies for buildings standing in or built over water. Manager Bob Groves said the association is worried about the water undermining buildings. People who currently …
Aubie W. Knight has assumed the role of chief executive officer of the Independent Insurance Agents of Georgia (IIAG). Knight has been with IIAG since 1996. During his tenure, he has been responsible for most of IIAG’s for-profit operations and …
A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …
