The Alabama Department of Insurance is seeking requests for proposals for a range of professional services, including actuarial, accounting, insurer examination, market conduct and investment examination work. The department said in a bulletin Wednesday that contracts will be awarded for …
Alabama lawmakers legalized medical marijuana two years ago this month. But it came with a high hurdle: Dispensaries, growers, processors and other license applicants must have at least $2 million of liability and casualty insurance. Now, the Alabama Department of …
Sanjeev Chaudhuri, the former chief actuary at Alfa Insurance, is the new chief actuary for the Alabama Department of Insurance, the DOI announced this week. Chaudhuri has more than 20 years of experience in property-casualty insurance, life insurance and accident …
Alabama’s governor has appointed Mark Fowler as state insurance commissioner, elevating him from an acting commissioner position. “I am deeply thankful to Gov. Kay Ivey for the opportunity to serve as commissioner of insurance for the state of Alabama,” Fowler …
Alabama’s longest-serving insurance commissioner, Jim Ridling, will retire at the end of the month, the state’s governor announced. “Jim has kept stability in the agency, all while bringing fresh ideas to ensure our state was offering our people the best, …
The Alabama Department of Insurance has created a new division dedicated to supporting risk reduction against natural disasters for both policyholders and insurance companies, according to a statement from ALDOI. The new Mitigation Resources Division, directed by Brian Powell, is …
Retailers Casualty Insurance Co. has received all regulatory approvals from the Alabama Department of Insurance to begin offering workers’ compensation coverage in the state of Alabama. Appointed agents may quote Alabama business with Retailers Casualty for policies with effective dates …
The Alabama Department of Insurance has launched a new online chat to offer consumers another avenue to have their insurance questions answered quickly. Representatives are now available at www.aldoi.gov to help with common insurance-related questions. The chat box is located …
The Alabama Center for Insurance Information & Research (ACIIR) in partnership with Smart Home America and the Coastal Alabama Partnership has released its new Alabama Coastal Insurance Shopper’s Guide to help homeowners on the Gulf Coast prepare for weather-related disasters. …
Universal Insurance Holdings, Inc. has been approved by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC). The company reported that UPCIC has subsequently written its first …
