Alabama News

Arkansas Researchers: Hill Climbing Tornadoes More Dangerous

New research from the University of Arkansas finds that tornadoes cause greater damage when traveling uphill – and that the twisters tend to climb toward higher elevations rather than going downhill. Engineering researchers studied images of the 2011 deadly tornadoes …

Eastern Insurance Holdings Opens Gulf South Regional Office

Eastern Insurance Holdings Inc. has opened a Gulf South regional office in support of subsidiary Eastern Alliance Insurance Group (EAIG), a domestic casualty insurance group specializing in workers’ compensation insurance. EAIG’s Gulf South regional office will provide workers’ compensation insurance …

Ala. Regulator OKs New Insurance Certification Form for Auto Dealers

Alabama Insurance Commissioner Jim L. Ridling issued a bulletin last week approving the use of a new “insurance certification form,” MVD-1, that is designed for licensed motor vehicle dealers and others. The bulletin addresses questions raised by insurance producers about …

MetLife Acquires Georgia’s Reynolds Plantation

MetLife has acquired one of Georgia’s largest resort and golf communities. The insurer has acquired Reynolds Plantation that includes The Ritz-Carlton Lodge, six golf courses, four marina, and nearly 5,000 acres of undeveloped golf and waterfront property. The Daniel Corp. …

New, Tougher Insurance Fraud Law Now in Effect in Alabama

A number of recently enacted laws in Alabama concerning property-casualty insurance became effective on August 1. • One newly enacted law, Act 12-429 (Insurance Fraud), makes insurance fraud a felony crime. It will be treated as Class B Felony if …

Farmers Raises Rates in Alabama; Pulls Wind Coverage on Coastal Rental Policies

One of Alabama’s largest homeowners’ insurers is raising rates on property insurance by as much as 35 percent per policy while dropping some 2,900 rental properties along the state coastline as part of plan to shore up its financial resources. …

Alabama Bans Texting While Driving Aug. 1

Starting Wednesday, texting, emailing and instant messaging while driving will become illegal in Alabama, with violators facing fines and possibly higher insurance rates. That is, if they don’t have a wreck first. Republican Rep. Jim McClendon of Springville persuaded lawmakers …

Tropical Storm Creates New Beach on Alabama Coast

Within the span of a week, the Gulf built a beach in front of most of the rock wall used to close Katrina Cut. The wall was constructed in 2010 using money provided by BP during the oil spill. The …

Alabama City Settles Sex Bias Claim for $150K

An Alabama city has agreed to pay $150,000 to settle a sexual discrimination lawsuit filed by a former police sergeant who claims she’s been excluded from the department’s “good-old-boy network.” The Columbus Ledger-Enquirer reported that the deal avoids a trial, …

K2 Acquires Majority Stake in Midwestern

San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation coverage with a focus on transportation. Terms of the deal …