Poe Suit “Florida’s insurance consumers were forced to foot the bill when the Poe Companies became insolvent so that policyholders could have their claims paid. We will aggressively pursue any opportunity to recoup additional funds to reduce the assessments levied …
A Montgomery, Ala. insurance executive indicted by a federal grand jury is blaming his legal problems on political retaliation by Republicans, including the governor, a politician the executive once supported but later sued. “If these politicians think they can intimidate …
ACE, Aon ACE Limited has completed its acquisition of 100 percent of the outstanding shares of Combined Insurance Co. of America and certain of its subsidiaries from Aon Corp. for $2.56 billion in cash. The closing price exceeded the $2.4 …
After two mild catastrophe years, states hope to share better coverage options Louisiana and Texas share a lot. Besides sharing a common border, they share the Gulf of Mexico — both its bounty and its battering, in the form of …
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. Liquor Liability Coverage Nuts & Bolts: Advanced E&S Insurance Underwriters recently announced the offering of …
An audit shows Baldwin County, Ala. officials may have to return nearly $10.5 million in federal hurricane reimbursements dating back nearly four years. The results of the audit by the federal Office of Inspector General were presented to county officials …
The Alabama Supreme Court ruled that more than one pharmaceutical company can be tried at the same time in the state’s lawsuit accusing more than 70 drug companies of fraud in overcharging the state’s Medicaid program. The April 18 ruling …
While in China last week on a business and trade mission, Alabama Gov. Bob Riley is promoting efforts to link scientists from Huntsville with Chinese health agencies to improve public health and food safety. Riley and Dr. Jian Han of …
Montgomery, Ala.-based Alfa Corp. is now a wholly owned subsidiary of the Mutual Group, comprised of Alfa Mutual Insurance Co. and Alfa Mutual Fire Insurance Co., according to a company announcement released Tuesday. Alfa Corp. has requested that its common …
A former West Virginia physician facing 124 malpractice lawsuits has filed a suit of his own, seeking $10 million from the state Board of Osteopathy. In the lawsuit, Dr. John A. King, formerly with Putnam General Hospital, said the “tortuous …
