Alabama News

My New Markets

Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …

News Currents

Forensic says it doesn’t want to interfere with Lampton’s investigation, but argues that its employee’s hard drive may contain privileged information that should remain confidential. Katrina adjuster seeks to block Miss. grand jury access to hard drive An engineering firm …

My New Markets

Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …

Fla. Couple Arrested for Allegedly Burning Residence

A Crestview, Fla., couple is facing felony charges stemming from the suspicion that they intentionally set their home on fire. Zachary Lee Dalton and his wife Kellie Elizabeth Hahn, both 24, were arrested Oct. 31 by the Okaloosa County Sheriff’s …

House Leader: 120-Day Extension for Federal Terrorism Insurance Possible

A key House leader says he will push for a 120-day extension of the federal terrorism reinsurance program that expires at year’s end rather than simply accept the Senate bill that is narrower in scope than the House bill. Rep. …

Editor’s Note: No coasting

While Congress continues to debate whether to launch any sort of national disaster backup plan or add wind coverage to the federal flood program, states are coming up with some of their own ideas — big and small — to …

Luxury doesn’t always buy safety

Owning a BMW, Mercedes, Lexus or Volvo may mean a driver will ride in style, but when it comes to safety, such luxury vehicles don’t necessarily have the same cachet. According to the Insurance Institute for Highway Safety, paying more …

Business Moves

W.R. Berkley, American Mining Insurer Connecticut-based W.R. Berkley Corp. has closed on the acquisition of CGH Insurance Group, the owner of American Mining Insurance Co. Terms of the transaction were not disclosed. American Mining, based in Birmingham, Ala., has specialized …

Luxury doesn’t always buy safety

Owning a BMW, Mercedes, Lexus or Volvo may mean a driver will ride in style, but when it comes to safety, such luxury vehicles don’t necessarily have the same cachet. According to the Insurance Institute for Highway Safety, paying more …

It’s wait ’til next year for Alabama beach pool bill

Alabama legislators unveiled a law designed to help the Gulf Coast real estate industry and coastal homeowners hit by high insurance rates but Gov. Bob Riley said there is no current consensus to address it in a special session. The …