December 12, 2007
The Bush Administration has reasserted its opposition to a House bill that would extend the federal terrorism insurance program after it expires on Dec. 31, vowing to veto any final measure that differs measurably from the Senate bill. “The Administration …
December 12, 2007
Arkansas Insurance Commissioner Julie Benafield Bowman was re-elected to the position of vice chair of the Southeastern Zone of the National Association of Insurance Commissioners (NAIC) at the association’s quarterly meeting held in Houston. The Southeastern Zone includes commissioners and …
December 11, 2007
Farmers Insurance Group of Companies, including Farmers Insurance Exchange will offer an annual auto insurance policy in Alabama that will allow auto insurance policyholders and new customers to choose a full-year auto policy term option or the six-month policy term …
December 11, 2007
A city councilwoman in Mobile, Ala., wants to enact a 120-day moratorium on new electronic billboards so none can be constructed while the council’s Public Safety Committee researches possible regulations concerning the signs, which she believes could distract drivers. Hudson …
December 10, 2007
A former West Virginia doctor facing more than 120 medical malpractice cases lists few assets and a pile of debt in a document filed as part of his bankruptcy proceedings in Alabama. John King’s assets consist of a 1993 Volvo …
December 7, 2007
The Board of Directors of Birmingham, Ala.-based ProAssurance Corp., elected Drayton Nabers Jr. to serve on its Board. Nabers previously served on the Board until he resigned to enter state government. Since leaving his position as Chief Justice of the …
December 6, 2007
A.M. Best Co. has assigned issuer credit ratings (ICR) of “bb-” and affirmed the financial strength rating (FSR) of ‘B-‘ (Fair) of Long Beach Calif.-based DHC Group and its members. The outlook for both of the ratings is stable. Best …
December 5, 2007
An Alabama state senator who is vice chairman of a panel studying immigration issues in Alabama said Monday he will introduce legislation to require the state driver’s license exam be given in English only. The legislation from Sen. Scott Beason, …
December 4, 2007
Four state insurance departments recently received Accreditation Awards as part of the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. During the Opening Session of its 2007 Winter National Meeting, NAIC President and Alabama Insurance Commissioner …
December 3, 2007
The National Association of Insurance Commissioners (NAIC) today bestowed its Esprit de Corps Award to the Nebraska Department of Insurance. This is the second time the NAIC has given the award. Nebraska Insurance Director Ann Frohman accepted the award, which …