Alabama News

States Made History in November Election, Too

Barack Obama wasn’t the only one to make history Nov. 4 when he was elected the first black U.S. president. Statehouses also broke ground on several fronts. New Hampshire became the first state in U.S. history to give women the …

Mississippi Rebuilds Its Insurance Markets

Wind Pool Modernization, Better Building Code Enforcement and Carrier Recruitment Efforts Begin to Pay Off Back in January, when Mike Chaney was getting ready to be sworn in as Mississippi insurance commissioner after his November victory at the polls, he …

Geovera Insurance Names Rowe as Texas State Executive

GeoVera Insurance announced that David P. Rowe has joined the company as Texas state executive for its homeowners business. GeoVera introduced its homeowners HO-B product in Texas in 2006. Rowe will be responsible for managing the marketing of the product …

New Alabama Commissioner to Consider Coastal Insurance Subsidies

Gov. Bob Riley’s new insurance commissioner said the administration is considering its options to help coastal property owners struggling with high premiums and lost coverage in the wake of hurricanes, including possible state assistance. Insurance Commissioner Jim Ridling, appointed in …

Group Rates States on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …

Kingsway to Consolidate Alabama, Florida Insurance Operations

Toronto-based Kingsway Financial Services Inc. said it will consolidate the operations of Southern United Fire Insurance Co., based in Mobile, Alabama, with Hamilton Risk Management, its subsidiary based in Miami, Florida. The move comes after Kingsway reported a $17.4 million …

Democrat Griffith Defeats Insurance Executive in Alabama 5th District

Democratic state Sen. Parker Griffith won a hotly contested election to the open 5th Congressional District seat in north Alabama, keeping the seat in his party’s column. Griffith’s win allows Democrats to maintain their more than 100-year hold on the …

Alabama-based Infinity Reports Strong Underwriting Results

Birmingham, Ala.-based Infinity Property and Casualty Corp., a national provider of personal automobile insurance, reported results for the three and nine months ended Sept. 30. Stronger than expected underwriting results resulted in an increase in Infinity’s operating earnings during the …

Two New York Agencies Named Top Performers

Reagan Consulting and the Independent Insurance Agents & Brokers of America (Big “I”) announced the Best Practices Agencies for 2008-2009. A total of 189 agencies from around the country maintained their Best Practices status this year, and one from each …

ARM Correction

In the Aug. 4, 2008 issue of Insurance Journal, an article titled “Agents Weigh Independence, Commissions, Markets When Choosing Agency” on page N10 incorrectly stated that ARM International is owned by Arthur J. Gallagher. ARM International is owned by its …