November 6, 2006
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 …
November 6, 2006
Shrimp boats were flung far and wide, and literally left hung out to dry near the Alabama Gulf Coast in the aftermath of Hurricane Katrina. Tara Hutchison, press secretary for Alabama Gov. Bob Riley, said attempts to obtain help from …
November 6, 2006
The jobs of more than half of state insurance commissioners around the country could be on the line on this 2006 midterm Election Day. The futures of as many as 30 of the nation’s insurance commissioners are tied to the …
November 5, 2006
USI Holdings USI Holdings Corp. received an inquiry from a private equity firm interested in acquiring all of the outstanding common stock of the company. In response, the company’s board of directors formed a special committee consisting of outside directors …
November 5, 2006
Shrimp boats were flung far and wide, and literally left hung out to dry near the Alabama Gulf Coast in the aftermath of Hurricane Katrina. Tara Hutchison, press secretary for Alabama Gov. Bob Riley, said attempts to obtain help from …
November 5, 2006
A mediation program launched by the Alabama Department of Insurance following Hurricane Katrina is bearing fruit, says Commissioner Walter A. Bell, pointing to a 90 percent success rate. “Once the mediation conference is set up, 90 percent of the cases …
November 5, 2006
Shrimp boats sit on their sides in Bayou La Batre, Ala., on Aug. 30, 2005, after being pushed out of the water by high waves from Hurricane Katrina. (AP Photo/Mobile Register, G.M. Andrews, File)
November 5, 2006
Affirmative Insurance Holdings, USAgencies Affirmative Insurance Holdings Inc., Addison, Texas, and privately-held USAgencies L.L.C., based in Baton Rouge, La., announced a definitive agreement under which Affirmative will acquire 100 percent of the membership units of USAgencies, in a fully-financed all …
November 2, 2006
The federal government has proposed $112,000 in fines for GILCO Contracting of Tuscaloosa, Ala., after an employee was seriously injured at the city’s Cottondale Sewer Project, labor officials said Monday. “A worker was seriously injured because this employer ignored safe …
November 2, 2006
Administrators for the Professions of Delaware Inc. introduced a new market for law firms with one to 15 attorneys that have disciplinary or frequency/severity issues. Firms performing high risk areas of practice (e.g., intellectual property, securities) will not be considered. …