Alabama News

Affirmative Insurance Reports Increased Revenue in Q1 2010

Addison, Texas-based Affirmative Insurance Holdings Inc., a distributor and producer of non-standard personal automobile insurance policies, reported that gross premiums written and total revenues increased during the first quarter of 2010 compared with the same period in 2009. Total gross …

BP CEO: Oil Claim Waivers a ‘Misstep,’ Will Not Be Enforced

BP Plc said Monday that waiver clauses in contracts it offered to Alabama fishermen to help fight the Gulf of Mexico oil spill had drawn allegations that it was trying to buy them off to give up the right to …

Lawyers, Gulf Coast Attorneys General Weigh Legal Options in Oil Spill

The top law enforcement executives for five U.S. states have begun meeting to talk about legal options for dealing with the effects of a massive oil spill threatening their Gulf of Mexico shores. The attorneys general from Alabama, Florida, Mississippi, …

Mississippi Seafood Company Files Lawsuit Over Oil Spill

The owner of a Mississippi seafood company has filed a federal class-action lawsuit over the rig explosion that caused a massive oil spill in the Gulf of Mexico. The suit by Jerry Forte, owner of Jerry Forte Seafood in Pass …

Travelers Names 20 Personal Lines Agents of the Year

Travelers recognized 20 personal lines agents with its Agent of the Year award. Winners were picked for their community work, as well as high achievements in their lines of business. They are : Georgiana Carney, Pearl Carroll & Associates, Latham, …

Who Pays?

Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that President Obama board Air Force …

Business Moves

St. James St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence. The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to lead the new …

Gulf States’ Wildlife Reserve, Tourism, Fisheries at Risk from Oil Spill

A massive oil slick from a blown-out well in the Gulf of Mexico is expected to reach a wildlife reserve at the mouth of the Mississippi River Thursday as it threatens the environmentally delicate coastline of Louisiana and three other …

Gulf Coast Shrimpers Sue Oil Firm BP, Drilling Platform Owners Over Spill

Shrimpers in Louisiana and Alabama have filed class-action lawsuits against oil giant BP Plc and owners of the drilling platform that exploded in the Gulf of Mexico, as claims for economic losses anticipated from the disaster began to mount. Two …

Gulf of Mexico Leak Grows, Oil Slick Near Shore

The U.S. Coast Guard said Wednesday five times as much oil as previously estimated was leaking from a well beneath the site of a deadly drilling rig explosion as the slick threatened wide-scale coastal damage for four U.S. Gulf Coast …