Alabama News

Hurricane Awareness Tour Successfully Concludes in Tampa, Fla.

With the official start of the Atlantic hurricane season less than one month away, the National Oceanic and Atmospheric Administration’s 2006 Hurricane Awareness Tour has come to a successful conclusion in Tampa, Fla., delivering its message of the need for …

Auto Insurance Costs Holding Steady; Average Nationwide Premium at $867

The cost of auto insurance is expected to rise by just 0.5 percent in 2006, the smallest increase in six years, reports the Insurance Information Institute. A declining number of auto accidents, safer cars and fraud-fighting efforts are some of …

‘Miss Piggy,’ NOAA Aircrew, Hurricane Center Forecasters Visiting Ala., Fla.

Forecasters from the NOAA National Hurricane Center will join the air crew from the NOAA Aircraft Operations Center on hurricane hunter aircraft visits March 3, 4 and 5 to Mobile, Ala., West Palm Beach, Fla. and Tampa, Fla. The tour …

AssuranceAmerica Reports Record First Quarter Increases

Atlanta-based AssuranceAmerica Corp. has announced its unaudited financial results for March 2006 and the three months ended March 31, 2006. Revenues for the month of March 2006 increased 99 percent to $5.2 million, compared to $2.6 million for the same …

NOAA Aircrew Begins Hurricane Awareness Mission in Texas

With the impact of a record-breaking 2005 Atlantic hurricane season still etched on the coastline from Texas to Florida, and recovery on the minds of its residents, forecasters from the NOAA National Hurricane Center will join the aircrew from the …

Infinity Reports 21 Percent Increase in Net Earnings

Birmingham, Ala.-based Infinity Property and Casualty Corp. filed its first-quarter results, reporting a 21 percent increase in net income, while total revenues decreased 3.4 percent and gross written premiums decreased 7.5 percent. Infinity is a national provider of personal auto …

Trident Forms Strategic Agreement with Vaaler

Trident Insurance Services, LLC, a wholly owned subsidiary of Argonaut Group Inc., entered into a strategic agreement with Vaaler Insurance to be its exclusive program manager for writing public schools in the state of Minnesota. Trident’s public school program targets …

Despite Weather, Donegal Group Reports Solid 1st Quarter

Donegal Group Inc. reported continued positive underwriting results and an increase in net income of 8.5 percent, bringing it to $9.1 million or $.36 per share, for the first quarter. That compared to $8,417,088, or $.34 per share on a …

PLUS Foundation Hasn’t Forgotten Industry Victims of Katrina

The PLUS Foundation, the philanthropic arm of the Professional Liability Underwriting Society (PLUS), reports that it has granted more than $90,000 to support its members and other insurance related hurricane relief efforts. Giving priority to PLUS members affected by the …

Southeast states lagging in legal system fairness rankings by Chamber of Commerce

Southeast states didn’t fare well in the latest U.S. Chamber of Commerce ranking of states’ civil justice systems. North Carolina came in as number 10 in the top 10 favorites; while West Virginia was at the bottom of the list. …