Alabama News

Fireworks Explosions Kill 5 Across U.S.

Five people working on Independence Day fireworks shows were killed by explosions, four of them by a single blast that rocked Ocracoke, a remote village on North Carolina’s Outer Banks. The fifth died after an explosion at a fireworks show …

It Figures

2.4% The average hike in auto insurance rates in Georgia this year. That compares to an average 5 to 11 percent hike for homeowners insurance. Georgia Insurance Commissioner John Oxendine said that in other states rates have gone up by …

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. Fire & Water Restoration Contractors Market Detail: USAssure Insurance Services Inc. offers a fire and …

2009 Outstanding CSR State Award Winners Named

The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …

Farmers Insurance Offers Green Homeowners Product in Texas

Los Angeles-based The Farmers Insurance Group of Companies is offering a new eco-friendly product for its Texas customers wishing to ‘go green”. Called “Eco-Rebuild”, the new endorsement will supplement the comapany’s homeowners insurance by allowing customers to replace destroyed property …

Alabama Adopts New Producer Licensing Exams

The Alabama Department of Insurance has begun using new insurance producer examinations, according to Commissioner Jim Ridling said New outlines to be followed in the examinations have been placed on the department’s website. Ridling said the state willl begin using …

West Virginia Workers’ Compensation Insurer Approved in Kentucky

West Virginia’s BrickStreet Mutual Insurance Co. said it received word this week that it has been approved to write workers’ compensation insurance in Kentucky. The expansion into Kentucky begins a “new phase of open market competition” for the former state …

Lawyer Says Alabama Agent Trying to Clean Up Ex-Employees’ Fraud

The lawyer for a Gulf Shores insurance agent has asked state officials to grant her a probation period to allow her to make repayments to customers victimized by fraud. Richard Lively said that revoking the license of Pamela Wynona Schoen …

HealthSouth CEO Scrushy Ordered to Pay Shareholders $2.9 Billion

An Alabama state judge has ordered former HealthSouth CEO Richard Scrushy to pay nearly $2.9 billion to shareholders who sued over a massive accounting fraud that nearly sent the rehabilitation chain into bankruptcy. Circuit Judge Allwin E. Horn, who heard …

Veterans Denied Damages from Government Computer Breach

Two Vietnam veterans are not entitled to damages from a 2007 Department of Veterans Affairs computer security breach in Birmingham, Ala., a federal appeals court panel in Georgia has ruled. Jim Henry Perkins and Jessie Frank Qualls had to prove …