Alabama News

People and Places

Markel Insurance Co. named Thomas K. “Smitty” Smith vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond, Va., branch of Riggs, Counselman, Michaels & Downes, which he established. AIR …

People Markel Insurance Co. named Thomas K. “Smitty” Smith as vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond branch of Riggs, Counselman, Michaels & Downes, which he established. …

Business Moves

Carpenter Moore, USI Southwest Houston-based USI Southwest and Car-penter Moore, a subsidiary of The Nasdaq Stock Market Inc., are partnering to provide executive liability services to public companies in Texas, Louisiana and New Mexico. They will provide an array of …

People

Arthur J. Gallagher & Co. in Houston added Danny Golden as vice president for its construction niche. Golden will assist in the service of existing and new clients as well as other members of the Gallagher construction niche throughout the …

Alabama Couple’s Burglary, Insurance Experience Spawns Business

Greg and Latasha Cain remember feeling helpless when someone broke into their Montgomery, Alabama home in 2003. The couple was even more dismayed after receiving an insurance check that was less than what they expected, the reason being the Cains …

Violent Weather Bypassing Texas; Drought to Linger

The drought-like weather conditions that have plagued much of the state for the past three years have had a positive effect in limiting the number of damaging hailstorms and tornadoes in Texas. Meteorologists say the lack of significant rainfall may …

March in Like a Lion in Alabama; Tornadoes Bring Death, Damage

A preliminary bulletin issued by Alabama Emergency Management Agency late Thursday reported that there were 17 confirmed deaths in Coffee County and one confirmed death in Wilcox County due to damage caused by tornadoes that cut a swath through southern …

State Farm Announces $1.2 Billion Mutual Auto Policyholder Dividend

More Than Half of Adults Could Not Meet Expenses If They Became Disabled, Survey Shows

Most Americans are not prepared to deal with the possibility of becoming disabled and, in turn, unable to work, according to new research by the National Association of Insurance Commissioners (NAIC). More than half (56 percent) of U.S. adults say …

New Markets

Monoline Energy Accounts Nuts & Bolts: MarketScout launched a new exclusive monoline energy workers’ compensation program that accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory and $1 million employers’ …