Alabama News

Quietest Atlantic Hurricane Season Since 2006 Ends

The Atlantic hurricane season ended this Monday with barely a whimper: Not a single hurricane came ashore in the United States. Since June, when the season began, just nine named storms developed. Only three of them became hurricanes, and those …

Texas Approves 13 Companies to Self-Insure for Workers’ Comp

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved the renewal of the Certificates of Authority for 13 companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These 13 companies …

‘Mild’ Tropical Storm Ida Caused Millions in Alabama Beach Damage

Tropical Storm Ida was a mild storm along coastal Alabama, but it still caused millions in damage to the beaches. Gulf Shores and Orange Beach officials told the Press-Register that Ida stripped several hundred thousand cubic yards of sand from …

Analysis: Despite Economy, Louisiana-Based Companies Growing

Despite the complexities of the nation’s worst economic downturn in decades, some Louisiana-based companies are showing surprising growth. The state recently has seen its count of homegrown Fortune 500 companies sprout to three: power provider Entergy Corp., engineering-construction company The …

Minor Quake Shakes North Alabama

Some north Alabama residents awoke to a shaky start of the new week. A small earthquake rattled the northern part of the state Monday morning. The 1.4 magnitude quake centered around the Fort Payne area. It hit around 4 a.m. …

Sipe Named Head of Summit in Florida

Liberty Mutual Agency Markets has appointed Carol Sipe as president and chief executive officer of Summit, which provides monoline workers’ compensation coverage in 10 southeastern states. Sipe succeeds Rick T. Hodges, who has led Summit since 1999. Hodges will retire …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …

2009 Top Personal Lines Agencies

The following list is taken from the Insurance Journal Top 100 P/C/ Independent Insurance Agencies report published in Insurance Journal on Aug. 3. These agencies represent the leaders in total personal lines premium volume among the overall Top 100, which …

American Alternative Insurance Partners with PersonalUmbrella.com

PersonalUmbrella.com of Emeryville, Calif., announced that American Alternative Insurance Corp. (AAIC) will be the insurer of its online personal umbrella program. AAIC is a subsidiary of Munich Re America Corp. and an affiliate of Munich Reinsurance America Inc. The company …

Ida Damages New $16M Fishing Pier on Alabama Coast

Alabama’s new state fishing pier, near Gulf Shores, which cost $16 million and is less than four months old, has been closed indefinitely because of damage from the first tropical storm to hit since it opened. The director of Alabama’s …