Alabama News

BP Claims Fund Struggles to Get Up to Speed

In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud — all slowing down the …

Alabama Gov. Riley, AG King Clash Over BP lawsuit

BP PLC has turned down Alabama’s claim for $148 million in lost government revenue due to the worst oil spill in U.S. history, according to the state’s attorney general, Troy King. BP denied the claim because it said there was …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Trucking Market Detail: USAssure Insurance Services. Inc. provides monoline or package program for commercial automobile. …

Declarations

Everyone Makes Mistakes “Everyone makes mistakes, even insurance companies. That’s why the Department of Insurance is here — we work every day to find these kinds of mistakes, make sure companies fix them, and protect consumers across North Carolina from …

Alabama Seeks Plan for Coastal Recovery from Gulf Oil Disaster

A world-class convention center in Gulf Shores. Low-fare airline service at Mobile Regional Airport. A permanent solution to Alabama’s coastal insurance crisis. Those ideas and dozens more were flying through the fall air Tuesday as members of the Alabama Coastal …

Alabama Students Learn Driver Safety from Simulation Software

Heather Myers, 18, will tell you she has texted while driving, but she’s quick to point out it’s only in an emergency. “I’ve never texted when I’m on the highway, though,” said the senior from Winston County. She and other …

Dow Settles Hazardous Chemical Exposure Claims with Alabama Miners

Dow Chemical Co. and Flexible Products Co. settled with nearly 1,400 miners in an Alabama court over the miners’ claims they were exposed to hazardous chemicals, Dow said Tuesday. The surprise settlement involving 1,394 miners came at Tuscaloosa Circuit Court …

Alabama Expects Billions from BP for Oil Spill Impact

Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the Gulf of Mexico, a state commission said Monday. BP and the White House will probably soon reach an agreement …

Study Finds Louisiana Making Substantial Efforts to Improve Building Codes

Louisiana has developed and implemented a more comprehensive and stronger building code than Mississippi and Alabama, according to a recent study conducted by the Institute for Business & Home Safety (IBHS). The organization conducted a comparative analysis on the quality …

Bank Bailout Fraud On the Rise, Probes Continuing, Says TARP Cop

The top U.S. bailout cop said evidence of fraud among banks that sought taxpayer funds was on the rise, and some of his investigations involve amounts exceeding $550 million. Neil Barofsky, the special inspector general for the Troubled Asset Relief …