Alabama News

Declarations

Unfinished Work “This continuing decline in highway deaths is encouraging, but our work is far from over.” —National Highway Traffic Safety Administrator David Strickland says the federal agency wants to see fatality rates drop further. The number of overall traffic …

Business Moves

Kinsale Capital Kinsale Capital Group has formed a Virginia-based E&S insurer, called Kinsale Insurance Co., which will underwrite commercial property/casualty and professional liability E&S lines in 31 states and the District of Columbia. The company said it is applying for …

Atlanta’s ‘Only Live Insurance Agent’ Having Fun

He bills himself as Atlanta’s “only live insurance agent” – and he brings insurance to life on his Atlanta Insurance Live video blog and Web site at atlantainsurancelive.com. Insurance entrepreneur Chris Jordan has been profiled by Inc. Magazine in a …

People

Specialty insurer Philadelphia Insurance Companies has promoted Christopher J. Maguire and Sean S. Sweeney to the position of co-presidents. Maguire joined Philadelphia Insurance Companies in 1987 and has managed underwriting operations and production. His most recent role has been as …

Don’t Let Research Distract From Safe Driving Efforts

The National Highway Traffic Safety Administration reports that nearly 6,000 people died in 2008 in crashes involving a distracted or inattentive driver, and more than half a million were injured. Many of them were teens. According to the Insurance Institute …

Survey Ranks California’s Lawsuit Climate Among Worst in the Nation

A new national survey finds that California’s lawsuit climate is among the worst in the country and on par with states including Alabama, Louisiana, and West Virginia. Among local jurisdictions, Los Angeles’ courts were mentioned as the second worst in …

P/C Executives to Dodd: Don’t Shift Risky Firms’ Costs to Insurers

Property/casualty insurance companies, which already pay into state guaranty funds to backup claims of their insolvent peers, don’t want to have to also pay into a federal fund to cover failures of larger and riskier financial services firms. Leading p/c …

University of North Alabama Contacting Parents of Underage Drinkers

The University of North Alabama is among a small but growing number of colleges that contact parents if their children get nabbed for underage drinking. Kim Greenway, director of judicial affairs and student affairs at UNA, says underage drinking is …

West Virginia to Create Electronic Auto Insurance Verification System

West Virginia lawmakers want to give police and the courts an easy way to verify whether a driver has required liability insurance. The House has approved a measure previously backed by the Senate to instruct the Division of Motor Vehicles …

A.M. Best B+ (Good) Rated Contractor GL Insurance Carrier Expanding to 35 States

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …