Corporate Identity Theft Nuts & Bolts: National Union Fire Insurance Company of Pittsburgh, Pa., a member of American International Group Inc., released AIG Corporate Identity Protection, a new insurance policy designed to protect small and mid-sized companies from financial exposures …
Terrorism Insurance Nuts & Bolts: Hiscox USA is now providing terrorism insurance in the U.S., from the U.S. The coverage is being offered to brokers through Hiscox USA’s Armonk, New York headquarters. Hiscox USA, a new operation for European specialist …
Two of the Alabama’s largest insurance firms said they’re reducing coverage and increasing deductibles in Mobile and Baldwin counties, citing frequent hurricanes, coastal construction growth, lack of strong building codes and the cost of reinsurance. The insurers, State Farm Fire …
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. “We directed the companies that have outstanding claims in the state to …
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 cash transaction valued at …
OSHA cites company for Gulfport death Received by Newsfinder from AP Oct 12, 2006 1:01 Eastern Time GULFPORT, Miss. (AP) _ The Occupational Health and Safety Administration penalized a company whose worker died in a trench collapse with its most …
Two county school systems in Alabama have returned nine free cars to Hyundai because they could not afford the insurance the car manufacturer required. Hyundai, which operates an assembly plant in Montgomery, donated 26 cars to school systems in central …
More insurance cutbacks for Alabama coastal properties — not only for buildings and homes near the beaches — are coming in the wake of 2004 and 2005 hurricanes. Two of the state’s largest insurance firms said they’re reducing coverage and …
An Atlanta judge ruled last week that former Olympic security guard Richard Jewell’s libel suit against The Atlanta Journal-Constitution can proceed, but threw out most of Jewell’s other claims that the newspaper defamed him. State Court Judge John R. Mather …
A company that contracts with State Farm Insurance Co. is suing two former employees who are helping an attorney build cases against the insurer for denying claims after Hurricane Katrina. E.A. Renfroe & Co., a Birmingham, Ala.-based insurance adjusting firm, …
