Alabama homeowners insurance News

Universal Property & Casualty Expands Into Alabama Homeowners Market

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 …

Alabama Creates Research Center to Study Home Insurance

Gov. Robert Bentley is creating a research center at the University of Alabama to try to improve the availability and affordability of homeowners insurance following hurricanes and tornadoes that demolished homes from the coast to the Tennessee line. Bentley went …

Alabama Weighs Grants for Wind-Proofing, Creation of Insurance Research Center

Some of the money that Alabama receives from BP over the Gulf oil spill could end up helping coastal residents make their homes more resistant to wind damage from hurricanes. That is one of the recommendations from a commission that …

Ala. Gov. Bentley Touts New Homeowner’s Insurance Laws

Alabama’s governor visited the Gulf coast this week to promote new laws designed to make homeowner’s insurance more affordable after hurricanes drove up prices. Gov. Robert Bentley told Foley residents that he worked with legislators from Mobile and Baldwin counties …

Alabama Governor Signs Texting Ban; Expects to Sign Home Insurance Bills

Alabama Gov. Robert Bentley has signed into law a measure (HB 2) that prohibits texting while driving. “Signing this bill sends a message that drivers need to focus on driving – not on sending a text,” Bentley said. “There is …

Alabama Insurance Commission Backs Catastrophe Savings Accounts

A commission put together by Gov. Robert Bentley has made its first recommendations about the availability and affordability of homeowners’ insurance. The Affordable Homeowners Insurance Commission said it decided to back legislation that would create catastrophic savings accounts. These would …

Alabama Has Not Yet Addressed Home Insurance Costs, Availability

Gov. Robert Bentley has not yet kept a campaign promise he made in 2010 to have the Legislature address the rising cost and declining availability of homeowners’ insurance in Alabama. Almost a year has passed since he announced the creation …

Alfa Insurance Ties Homeowners Coverage to Auto in Alabama

Alabama residents who have their homeowners insurance through the state’s second largest property insurer must now include their auto coverage as part of their insurance package. Alfa Insurance Co. announced it will no longer underwrite single homeowners policies in Alabama. …