Alabama News

New Markets

Parking and Valet Operators Nuts & Bolts: USRisk Brokers has a new Parking and Valet Operators Program designed for businesses engaged in parking customers’ cars, such as self-parking garages and lots, assisted parking, valet parking and parking for special events. …

New Markets

Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory …

New Markets

Real Estate Appraisers Nuts & Bolts: San Diego-based AMIS (Alliance Marketing and Insurance Services) is offering broader package policies for real estate appraisers handling residential and commercial property. This policy offers commercial general liability coupled with errors and omissions and …

Declarations

Insurance emergency “During this state of emergency, I want to ensure that our farming communities avoid the red tape and get paid quickly so they can get back to the business of farming” — California Commissioner Steve Poizner, on proclaiming …

News Currents

From Nov. 2005 to Nov. 2006, the number of federal flood policies jumped more than 13 percent, far more than normal. Remapping California flood zones might spur wave of policy sales Homeowners who witnessed the devastation wrought by Hurricane Katrina …

AAMGA Leaders Conclude ‘Fact-Finding’ London Trip

Insurance may be local, but it doesn’t have to be handled exclusively in the state, or even the country, where it’s needed. For the surplus lines market that means Lloyd’s, which explains the annual visit to London of the top …

Ark. Commissioner Elected Officer at NAIC

Arkansas Insurance Commissioner Julie Benafield Bowman has been elected Secretary-Treasurer of the Southeastern Zone of the National Association of Insurance Commissioners (NAIC), her office announced. Becoming an officer of the Zone elevates Bowman to the Executive Committee of the NAIC. …

Regulators Name 2007 Key Committee Chairs

The National Association of Insurance Commissioners (NAIC) today named its 2007 Committee chairs and vice chairs. The NAIC officers, most immediate past president and zone representatives met earlier this month to make assignments based on the preferences submitted by the …

Ex-State Farm Adjusters Tell Miss. Grand Jury of Katrina Claims

A Mississippi grand jury probing State Farm Insurance Co.’s handling of claims after Hurricane Katrina heard testimony this week from two sisters who turned over reams of internal claims records to investigators while they worked for the company, a person …

Feds Arrive in Kentucky to Investigate Hazardous Chemical Rail Fire

Federal agents will spend the rest of the week near Brooks, Kentucky investigating what caused a train carrying hazardous chemicals to derail and catch fire, forcing nearby residents to evacuate their homes. The chemical fires continued to burn early Wednesday …