Alabama News

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 …

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 …

8 S.C. chief urges pre-set

hurricane damage formula Looking to minimize claims litigation 8 West Virginia lawmakers may reassert workers’ comp oversight But will they scare insurers from the state? 9 Florida brings back no-fault Lawmakers add anti-fraud provisions 9 It’s wait ’til next year …

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 recent studies by the Insurance Institute for Highway …

U.S. Attorney Seeks Computer Hard Drive in Mississippi Katrina Probe

An engineering firm that helped adjust insurance claims on the Gulf Coast after Hurricane Katrina is seeking to block an employee’s computer hard drive from being turned over to a federal grand jury in Mississippi. Forensic Analysis & Engineering Corp. …

Head of Ala. Teachers Group Concerned About Coastal Insurance Bill

The head of Alabama’s teachers’ organization is concerned that legislation designed to improve the availability of insurance along the Alabama coast could have another effect – eliminating tax dollars for public schools. Paul Hubbert, executive secretary of the Alabama Education …

Fla.: Tornado Damages Pensacola Mall, Church and Daycare Center

A tornado damaged a church, a daycare center and the city’s major shopping mall as violent thunderstorms made their way across the western Florida Panhandle last week. There were no reports of injuries. The Oct. 18 twister damaged roofs of …

FHM Insurance Teams Up with Georgia Restaurant Mutual

FHM Insurance Co.and Georgia Restaurant Mutual Captive Insurance Co. have joined forces to offer workers’ compensation insurance for the hospitality industry in Georgia. FHM has served the hospitality industry in Florida for over 50 years and is licensed to write …