Alabama News

HUB International to Acquire La.’s Hibernia Insurance Agency

Chicago-based HUB International Limited announced it has agreed to acquire substantially all of the assets of Louisiana-based insurance brokerage, Hibernia Insurance Agency L.L.C. Hibernia Insurance, an $18 million revenue brokerage firm, will become a new regional platform (hub) doing business …

Sales of flood insurance up sharply

Sales of federal flood insurance rose sharply across the country last year after homeowners witnessed the devastation wrought by Hurricane Katrina and realized that typical insurance policies didn’t cover many victims’ losses. From November 2005 to November of last year, …

People and Places

Privately owned insurance and risk management firm, McQueary Henry Bowles Troy L.L.P., has named Mike Rutledge a partner. Rutledge is a vice president in MHBT’s Fort Worth, Texas, office. Rutledge’s career in the insurance field spans 30 years. Prior to …

The Commissioners: Mike Geeslin

Geeslin has faced hurricanes, liquidations, workers’ comp overhaul And that was just in the first year of the commissioner’s term It could be said the first year of Mike Geeslin’s term as Texas Insurance Commissioner was one of “trial by …

Sales of flood insurance up sharply

Sales of federal flood insurance rose sharply last year. From November 2005 to November of last year, the number of federal policies jumped more than 13 percent, far more than normal. Sales in coastal and other vulnerable areas spiked dramatically. …

One-on-one interviews with 15 insurance regulators

One-on-one interviews with 15 insurance regulators At a recent meeting of the National Association of Insurance Commissioners, Insurance Journal sat down with 15 insurance regulators to talk about issues affecting their state insurance markets, as well as industry-wide concerns. Regulators …

Poll: Ala. Small Firms Back Riley’s Health Insurance Tax Break

Ninety percent of small business owners responding to a poll taken by the National Federation of Independent Business in Alabama support providing tax incentives for small businesses to provide health insurance for their employees, a proposal that Gov. Bob Riley …

The Commissioners Series: Ala.’s Bell, NAIC President, Pursues Strategic Plan

As president of the National Association of Insurance Commissioners, Alabama Insurance Commissioner Walter Bell has made developing a strategic plan for the national organization of state regulators a top priority. Bell sees a plan that incorporates evaluations on a quarterly …

Air Tour Operators Face Stricter U.S. Safety Standards

Responding in part to crashes in Hawaii and Alaska, the government announced new safety standards last week for air tour companies that operate at many scenic vacation spots and for pilots who offer rides at air shows. The Federal Aviation …

Sales of flood insurance up sharply

Sales of federal flood insurance rose sharply across the country last year after homeowners witnessed the devastation wrought by Hurricane Katrina and realized that typical insurance policies didn’t cover many victims’ losses. From November 2005 to November of last year, …