Alabama News

N.H. Modifies Producer, Adjuster Licensing Law, Fees

New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …

Alabama Launched Statewide Campaign on ATV Safety

There’s a renewed focus by the Alabama Department of Public Health on the dangers of All Terrain Vehicles. State officials launched a statewide educational campaign July10 to warn citizens about the dangers of allowing anyone under age 16 to ride …

Ward’s Honors Alabama-based ProAssurance as a 2008 Top Performer

Headquartered in Birmingham, Alabama, ProAssurance Corp. is included in the 2008 Ward’s 50 — a ranking of property-casualty insurance companies. As in 2007, ProAssurance is the only specialty medical professional liability carrier to be included in Ward’s list. To identify …

Harleysville Insurance Names Benjamin Southeast Regional President

Harleysville Insurance has appointed Gilbert M. Benjamin as regional president of its Southeast operation. In this position, he is responsible for the underwriting, agency management and support functions throughout the region—which is headquartered in Atlanta, Ga., where Benjamin is based, …

Progressive Launches Behavior-Based Auto Insurance in Alabama

Progressive is introducing an optional car insurance program in Alabama that offers lower rates on vehicles that are driven in less risky ways. The behavior-based insurance program, called MyRate, gives drivers a customized rate based on how, how much, and …

Insured Property Value in Coastal States to Double in 10 Years

In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide …

McCain, Southeast Governors Split Over National Disaster Fund

Republican Presidential Nominee Opposes Idea that Remains Popular with Many Gulf Coast Voters A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a …

Declarations

Picking Up Non-Renewals “I feel confident that the people on the Gulf Coast that have been canceled by State Farm will be able to buy insurance from Allstate and Nationwide and others that I have not announced.” —Mississippi Insurance Commissioner …

It Figures

1% The amount of insurance policy surcharge the Florida Cabinet voted to extend to cover hurricane claims that began in 2007 for two additional years through 2014. The assessment covers outstanding claims that originated during the state’s devastating 2004 and …

People The National Association of Professional Insurance Agents (PIA) has announced the promotion of Mike Becker to director of federal affairs. Since joining PIA, Becker has managed the day-to-day responsibilities associated with running the Professional Insurance Agents Political Action Committee, …