Alabama News

Southern Drought Creeping Northward to West Virginia

Extreme drought conditions, the second-worst possible, have now spread into Kentucky, and severe conditions have returned to West Virginia and southwest Virginia, according to the U.S. Drought Monitor. “The last three months have sucked every bit of moisture we’ve had,” …

People

Angelo Ganguzza, vice president of Boca Raton, Fla.-based LIG Insurance Agency and Kimberly Langston Gray, managing partner of Langston Insurance Agency in central Florida, accepted election to the Professional Insurance Agents of Florida board of directors. Ganguzza started his insurance …

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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …

Six Independent Agencies Named as Best Practices 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 …

Alabama-based ProAssurance Expands Legal Professional Liability Business

ProAssurance Corp., headquartered in Birmingham, Ala., is expanding its legal professional liability business by purchasing the Georgia Lawyers Insurance Co. ProAssurance is also establishing new relationships with agencies that produce legal professional liability business in 11 additional jurisdictions in the …

Georgia Drought Persists Despite Rains from Hurricanes

The banks of Georgia’s Lake Lanier look about the same as last year: Closed boat ramps, parched soil and lonely islands peeking above the surface that should be covered by a dozen feet of water. Epic drought forced officials across …

Donegal Insurance Reports 3Q to Reflect Hurricane, Securities Events

Marietta, Pennsylvania-based Donegal Group Inc. reported that its net income for the third quarter of 2008 will reflect realized investment losses related to its equity securities and claim activity resulting from Hurricane Ike in Ohio and western Pennsylvania on September …

Alabama-based ProAssurance Unveils New Brand Initiative, Realignment

ProAssurance Corp., headquartered in Birmingham, Ala., unveiled a new logo, and a new themeline, “Treated Fairly,” in conjunction with a company realignment. As part of strengthening its brand, ProAssurance is undertaking a renaming and realignment of its insurance subsidiaries, according …

People

National insurance program administrator Venture Insurance Programs named Michael DeMarco executive vice president for its Preferred Club Program. He will be responsible for the overall success of the insurance program for golf and country clubs nationwide. Prior to his position …

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 …