Alabama News

Feds Propose Stiff Fine for Alabama Military Contractor

The Occupational Safety and Health Administration proposed $138, 500 in penalties for a Cullman, Alabama-based company for 31 safety and health violations. AAR Summa Technology has been singled out by the agency for 26 safety violations. OSHA said its inspectors …

Update: Florida Claims Continue to Mount in Fay’s Wake

With Tropical Storm Gustav on deck in the Caribbean, insurance claims from Tropical Storm Fay continue to mount while the storm’s rain producing potential manifests throughout Alabama, Georgia and the Carolinas. The Florida Office of Insurance Regulation reported the latest …

2 University of Alabama Students Earn Insurance Industry Scholarships

The Derek Hughes/ National Association of Professional Surplus Lines Offices Ltd. Educational Foundation scholarships went to two University of Alabama student. Recipient Aldrich Callins of Birmingham, Ala. has attended college abroad in the United Kingdom, Japan, Botswana and Australia. He …

Alabama to Charge Obese State Employees More

Alabama state employees suffering from obesity and three other health problems will eventually have to pay extra for their health insurance if they don’t try to control their problems. The State Employees’ Insurance Board has approved a plan that will …

Update: Tropical Storm Fay Hangs on to Status, Stays in Florida

Tropical Storm Fay continues slowly westward across the northern Florida peninsula while tropical storm warnings remain in effect throughout the region, into the panhandle and north through Georgia to the South Carolina border. At 8 a.m. EDT, Fay’s center was …

NATIONAL COVERAGE

S&P Says Midwest-Focused Insurers at Risk N2 | Washington Report House Subcommittee Moves Key Federal Bills N4 | Home Insurers Bitten by $350 Million in Dog Claims Average Liability Claim Tops $24,000 N6 | Conning: Insurers’ Financials Strong, Despite Price …

New Markets

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. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …

Jessica M. Frankovich

Indiana Insurance, a Liberty Mutual Agency Markets regional company, appointed Jessica M. Frankovich as Inland Marine underwriting manager. Frankovich will be based in Indiana Insurance’s Illinois regional office and will manage and grow the company’s Inland Marine book of business. …

State Ranking In Number of Events

F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average was 1,215. …

People

The Chubb Corp. has made four executives appointments: John J. Degnan has been named vice chairman and chief operating officer. Degnan, a former attorney general of New Jersey who joined Chubb nearly 18 years ago, was previously vice chairman and …