June 4, 2007
Eight years after making auto liability insurance mandatory, the Alabama Legislature could decide this week to increase the amount of insurance that motorists must buy. The proposal — $25,000 in insurance coverage for a single injury or death, $50,000 for …
June 4, 2007
With Katrina memories still fresh, Alabama Gulf Coast residents have begun stockpiling ice, water, food and other supplies just in case this hurricane season turns ugly. FEMA also will have disaster relief supplies stored at Maxwell Air Force Base in …
June 4, 2007
National Association of Insurance Commissioners (NAIC) President and Alabama Commissioner Walter Bell recognized four states with accreditation awards on Friday in San Francisco. The awards are part of the Financial Regulation Standards and Accreditation Program and were announced during the …
June 4, 2007
Travelers Aviation Travelers has launched Travelers Aviation, a new unit targeting corporate and business aircraft, small to mid-size airports, aviation ground services and manufactured non-critical products used as aircraft components. In addition, Travelers Avitation will provide workers’ compensation coverage for …
June 4, 2007
Titan, Eastwood THI Holdings (Delaware) Inc., a Nationwide company, through one of its agency subsidiaries, has acquired the assets of Anaheim Hills, Calif.-based Eastwood Insurance Services Inc. for $217 million. Eastwood Insurance operates 47 multi-line agencies in California, Texas, Florida, …
May 31, 2007
Congressional Democrats said this week they would try to reverse a Supreme Court decision that limits the time that workers have to sue their employers for pay discrimination. “All Americans deserve equal pay for equal work, and it is my …
May 30, 2007
The U.S. Supreme Court has handed employers a victory against pay discrimination suits by limiting how far back in time employees can go to prove their bias claims. In Ledbetter v. Goodyear Tire & Rubber Co., the high court ruled …
May 30, 2007
BB&T Insurance Services said it plans to expand its metro Atlanta operation with the acquisition of Reese Insurance Associates Inc. of Riverdale, Ga. Reese provides both commercial and personal property and casualty coverage as well as group benefits insurance. “The …
May 29, 2007
The former owner of an embattled towing company in Mesa, Ariz., is suing an insurance company for defamation and $10 million in damages. Lee Watkins is refuting a claim that Cactus Towing was one of several Phoenix-area tow companies that …
May 29, 2007
A statewide system to verify that drivers in Texas have insured their vehicles to the extent required by law is in the process of being developed and is expected to go online in early 2008, according to one individual whose …