Alabama News

4 Men Face Katrina Fraud Charges in Mississippi

Mississippi officials arrested four more people in Hurricane Katrina fraud cases. Auditor Stacey Pickering says James Hodge of Wiggins, 45, of Mississippi, is facing a felony charge of home repair fraud. Pickering says Hodge received $10,000 for work he never …

Ratings: Willis, Erie, Farmers-Flemington, Am. Resources, Am. General, Stnd. Mutual, Wisconsin County

Fitch Ratings has placed its ratings on Willis North America Inc. (WNA) and Willis Group Holdings Ltd. (Willis) on its rating watch negative list. Fitch said its rating action follows the announcement that Willis has agreed to purchase all outstanding …

Tennessee Bankruptcy Rate Continues to Lead Nation

Tennessee continues to have the highest personal bankruptcy rate in the nation and experts are predicting even more filings next year because of the slowing economy. According to a report released last week by the Federal Deposit Insurance Corp., the …

Federal Judge: Mississippi Attorney General Conspired with Trial Lawyer

Mississippi Attorney General Jim Hood wrongly conspired with prominent trial attorney Richard “Dickie” Scruggs to skirt a court order in a case involving Hurricane Katrina insurance claims, a federal judge ruled. Referring to Hood as a “so-called law enforcement officer,” …

Ratings: Mercer, Hallmark, Auto Club, Southern States, Meadowbrook, Iron Horse, Courtesy, Alabama Muni, Am. Millers

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Mercer Insurance Group of Pennington, NJ. The ratings apply to the following four inter-company reinsurance pool members: Mercer Insurance Company …

Alabama Insurance Exec in Runoff for 5th Congressional District Seat

Huntsville, Ala. insurance executive Wayne Parker and Huntsville attorney Cheryl Baswell Guthrie will be in a runoff for the Republican nomination for the 5th Congressional District seat. Parker nearly won without a runoff but didn’t quite reach 50 percent of …

People

Markel Corp. named Anthony F. (Tony) Markel vice chairman and Paul W. Springman president and chief operating officer. Markel has been associated with Markel Corp. for more than 40 years, most recently serving as president and chief operating officer since …

Declarations

Friend and Colleague “We are devastated that all hope is lost, but we also find a sense of closure in knowing that we can lay to rest our dear friend and colleague with the dignity and respect she deserves.” โ€”Chrissy …

It Figures

88 The number of fires that collectively burned across Florida on more than one day in May, according to the Florida Division of Forestry. As of May 19, fires burned nearly 44,000 acres. Authorities issued a dense smoke advisory May …

After 3-Year Lull, Mississippi, Alabama Gird for New Hurricane Season

After Hurricane Katrina struck the upper Gulf Coast in 2005, even grizzled storm veterans became edgy when the opening of hurricane season rolled around. Blue tarps covering Katrina-damaged homes are far fewer now, but as the third storm season since …