The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds — and regulatory decisions — of insurance regulators in the southeastern United States. If insurance commissioners in …
Incoming mail service has resumed at the Alabama Department of Insurance, following a disruption due to a tornado that struck the main U.S. Postal Service facility in Montgomery on Nov. 15. Department officials encourage those who may have mailed items …
Election results give Northeast more clout on insurance issues After the midterm elections, Northeast Democrats are moving into positions of power that could help their states economically as well as affect progress on insurance legislation. Democrats are now well-positioned to …
Foley, Ala., Mayor Tim Russell has resigned with two years remaining in his term in order to serve on a planned coastal insurance captive for south Alabama. Russell, who owns an insurance agency and became mayor about 12 years ago, …
Hiscox, Bermuda Holding Company London’s Hiscox plc outlined its corporate reorganization plan. A new Bermudan domiciled holding company for the Group, Hiscox Ltd., has been established. Shareholders of Hiscox will receive one share in Hiscox Ltd. for each share held …
Southeast regulators united in call for national disaster plan The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds — and regulatory decisions — of insurance regulators …
Uncovered crime “Larger firms may be able to absorb the financial shocks of employee crime, but smaller firms may be faced with financial disaster. Surprisingly, our research shows that more than two-thirds of private companies do not buy crime insurance.” …
Judicial races in Southeast, nation prove contentious, costly Business groups spend heavily but come up short in a number of judicial contests The midterm 2006 judicial elections saw judicial campaign contribution and advertising records smashed in numerous states holding high …
The most expensive Supreme Court campaign was for Alabama Chief Justice, in which the incumbent Drayton Nabers was defeated by Democrat Sue Bell Cobb. Combined, three candidates reported over $6.7 million in contributions.
Southeast insurance commissioners seem happy about how they got where they are. During the recent Southeastern Regulators’ Association annual conference in South Carolina, moderator Michael Maloney asked: “What do you see are the benefits of being an elected official versus …
