Alabama News

New Markets

Bed and Breakfast Nuts & Bolts: Smith, Bell and Thompson and Swiss Re’s Commercial Insurance announce a new program for Bed & Breakfast accounts. The Bed & Breakfast program is designed for the innkeeper industry. Target accounts include bed and …

Citizens agrees to renew, write new builder’s risk coverage in Florida

Citizens Property Insurance Corp. has reversed a June decision to cancel its builder’s risk program and agreed to renew existing builder’s risk policies and write new policies in Florida until the end of the year. The shift in policy was …

Vesta liquidation by Texas felt from Florida to Mass.

Some 70,000 Florida, 150,000 Texas, 5,200 Massachusetts and 11,000 New Jersey policyholders are among those affected by the liquidation of Vesta Fire Insurance Co. and its subsidiaries. Texas regulators placed the company into liquidation in July and its affiliates are …

New Markets

Retail Carts Nuts & Bolts: General liability, including contractual liability, personal injury and advertising injury liability for retail cart vendors operating concessions and exhibits is available from K&K Insurance Group Inc. This program is specifically tailored for concessionaires, exhibitors and …

St. Paul Settles with Conn,. Ill., N.Y. Attorneys General Over Broker Compensation

The St. Paul Travelers Companies Inc. has entered into a $77 million settlement with the attorneys general of New York, Connecticut and Illinois, as well as with the New York State Department of Insurance, resolving issues relating to those states’ …

Texas Agent Group Launches Homeowners Market Web Page

TIP/PIA Texas announced it has set up a special Web page providing information on homeowner markets, in an effort to help with possible solutions in light of the recent problems with Texas Select. This is not an endorsement of any …

Infinity Property and Casualty Declares Quarterly Dividend

Infinity Property and Casualty Corp. of Birmingham, Ala. has declared a quarterly dividend of $0.075 per share of Infinity Property and Casualty Common Stock. The dividend is payable on Aug. 21, 2006 to holders of record on Aug. 8, 2006. …

Insurance Claim Denied in Chilton County, Ala. Church Roof Collapse

An insurance claim filed in Clanton, Ala. by a Chilton County church that suffered a roof collapse last month has been denied. Alfa Insurance, which issued the policy, denied the claim filed by the Cedar Grove Methodist Protestant Church, The …

New Markets

Professional Liability ProgramTITLE: Nuts & Bolts: London American Profess- ional Liability program designed for a diverse set of professions, including many types of consultants, insurance services, media and real estate classes. Coverage is offered on both a primary and excess …

New Markets

Social Service Program Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability, (including sexual abuse/molestation) property, non-owned auto, domestic social services with foreign …