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. …
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 …
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. …
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 …
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 …
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, …
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 …
Stan Houston has felt the power of Kenny Powers. Houston, an Enterprise insurance agent based in Dothan, Ala., filmed a scene in July for an upcoming episode of the HBO comedy series “Eastbound and Down.” The show stars Danny McBride …
An Alabama House committee has approved a bill that would ban sending or reading text messages while driving. The bill by Republican Rep. Jim McClendon of Springville passed the House Public Safety and Homeland Security Committee on Wednesday. It would …
Regulators and consumer groups in Alabama are awaiting the results of a data call from insurers to see if they are quickly handling claims and resolving other residents’ claimants. Commissioner Jim Ridling issued the data call last month in the …
