Alabama News

Ala.’s Alfa Ratings Lowered One Notch to ‘A+’; Outlook Stable

While its outlook remains stable, Standard & Poor’s Ratings Services lowered Alfa Insurance Group’s credit and financial strength ratings to ‘A+’ from ‘AA-‘. Alfa is the second-largest personal automobile and homeowners insurance writer in Alabama based on premiums written. Standard …

Tennessee Dairy Recalls 7,000 Cartons of Ice Cream with Peanuts

Mayfield Dairy Farms of Athens, Tenn. has announced the recall of 7,000 cartons of Turtle Tracks Ice Cream because of the accidental use of peanuts. A batch was mixed with chocolate-covered peanuts instead of pecans and because the cartons are …

Miss. Deals with Simulated Cat 3 Hurricane during Preparation

A simulated Category 3 hurricane hit the Mississippi Gulf Coast on Tuesday, and emergency operations officials said the drill could highlight the strengths – and weakness – in the state’s hurricane plan. The Mississippi Emergency Management Agency coordinated the two-day …

Ga. Commissioner Charges Columbus Agent with Fraud

A Columbus, Ga., insurance agent has been charged with three counts of insurance fraud for allegedly keeping premiums paid to her for property and taxicab liability coverage instead of forwarding the payments to an insurance company. Pollyanna Johnson, 38, is …

My New Markets

Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and “Sym 1” is available on fleets of more than five. …

It Figures

$100 million The dollar figure placed on an alleged nationwide workers’ compensation scam for which five men have been indicted. The investigation began in 2002 after the Florida Division of Workers’ Compensation issued a stop work order for failure to …

My New Markets

Outdoor Recreation and Hospitality Nuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes: guest ranches, guides & outfitters, resorts, hunting & fishing lodges, RV parks & …

Fortified building standards: Gulf Coast market salvation?

An agent, an engineer and a non-profit push fortified structures as key to region’s economic and insurance revival Concrete houses sprouting up in southern Alabama, Missis-sippi and elsewhere in the Gulf Coast region are more than just fortified structures that …

Fortified building standards: Gulf Coast market salvation?

Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges – they are …

It Figures

$100 Million Insured losses from the storm that spawned tornadoes and large hail over portions of the Dallas – Fort Worth area on April 13, have been set at approximately $100 million, the Insurance Council of Texas reported. Twenty thousand …