Alabama News

My New Markets

Allied Medical Organizations PL/GL Nuts & Bolts: Travis-Pedersen Associates Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to …

Small businesses not always adequately covered….

The recent tornadoes, heavy rains and subsequent flooding that hit a good part of the Midwest in May remind all of us about insurance coverage issues. For many the reminder is about purchasing flood insurance for your home, for another, …

My New Markets

Errors & Omissions, Agents Nuts & Bolts: Insurance agents and brokers now have access to errors and omissions coverage, through Swiss Re’s Commercial insurance market. Swiss Re announced the launch of a non-admitted coverage for the members of the Independent …

My New Markets

Antique Home Insurance Nuts & Bolts: MiddleOak is offering the insurance designed exclusively for antique homes. Comprehensive coverage (similar to a high value home policy) for pre-1930 homes with coverage at $250,000 to $5 million. Endorsed by a historical trust. …

My New Markets

Antique Home Insurance Nuts & Bolts: MiddleOak is offering the insurance designed exclusively for antique homes. Comprehensive coverage (similar to a high value home policy) for pre-1930 homes with coverage at $250,000 to $5 million. Endorsed by a historical trust. …

Fla. Workers’ Comp Fraud Results in 14-Year Prison Sentence

The former owner and operator of a now-defunct professional employee organization, Miralink Group Inc., left thousands of workers in Florida and several other states without workers’ compensation coverage despite collecting more than $5.8 million in premiums. One woman, facing mounting …

Editor’s Note: Small businesses not always adequately covered . . .

The recent tornadoes, heavy rains and subsequent flooding that hit a good part of the Midwest in May remind all of us about insurance coverage issues. For many the reminder is about purchasing flood insurance for your home, for another, …

RMS Withdraws Five-Year Hurricane Model from Florida

Risk Management Solutions has withdrawn a short-term, five-year hurricane forecasting model submitted for approval to Florida officials after being told the model did not meet required standards. Mitch Sattler, RMS vice president for public policy, said representatives of the Florida …

Graham, DeMint Support S.C. Disaster Declaration Request

U.S. Sens. Lindsey Graham and Jim DeMint have joined Gov. Mark Sanford in asking for a disaster declaration after last month’s late freeze ruined much of South Carolina’s peach, wheat and other crops. Officials estimate the April freeze damaged at …

AmWINS to Buy American Equity Underwriters

Wholesale broker AmWINS Group, Inc. has agreed to acquire American Equity Underwriters, Inc. (AEU), a Mobile, Alabama-based national provider of insurance programs for maritime employers with expertise in United States Longshore and Harbor Workers Compensation (USL&H) insurance. Through its subsidiary …