Latest Alabama Headlines
All the headlines from our Alabama Topic Page, ordered by recency.
Ala. Commission Sets March 25 Deadline to Settle Hurricane Ivan Damage Claims
Feb 24 2005 // Insurance companies with unsettled claims from Hurricane Ivan have been given until March 25 to pay policyholders, or explain to Insurance Commissioner Walter Bell why the claims have not been paid. Once claims are...
Ala. Insurance Commission Settles Lawsuit With VFW
Jan 27 2005 // The Alabama Veterans of Foreign Wars will receive a reimbursement of $42,000, which will be distributed to VFW posts statewide, due to a lawsuit settlement with the Alabama Insurance Commission. The Limestone County VFW...
Arthur J. Gallagher Forms Gallagher RE
Jan 24 2005 // Arthur J. Gallagher & Co. has announced the merger of its two U.S. reinsurance brokerage subsidiaries, Arthur J. Gallagher Intermediaries Inc. in New York and John P. Woods & Co. Inc. in New Jersey effective...
AssuranceAmerica Gains Regulator Approval for Alabama
Jan 7 2005 // AssuranceAmerica Corp., an Atlanta-based insurance company with operations in Georgia, Florida and South Carolina has received approval from the Alabama Department of Insurance to commence insurance operations in that...
Alfa Insurance Donates to Build Alabama Institute for the Deaf and Blind Dorm
Jan 7 2005 // Alfa Insurance of Montgomery, Ala. and the Alabama Farmers Federation board of directors are donating $250,000 to help the Alabama Institute for Deaf and Blind (AIDB) build a new dormitory at the Helen Keller School of...
Montgomery, Ala.-based Alfa Corp. Buys Vision Insurance Group
Jan 4 2005 // Montgomery, Ala.-based Alfa Corp. has purchased Vision Insurance Group of Brentwood, Tenn. The transaction involved $20 million in cash and stock, with an additional purchase consideration of as much as $14 million, based...
ALABAMA AGENTS PLAN MARCH LEGISLATIVE CONFERENCE:
Jan 3 2005 // Agents will be briefed about pending Alabama legislation, review topics to discuss with Alabama legislators and attend a BBQ at the Capital March 17 during the 18th Alabama Independent Insurance Agents Legislative...
Dec., Jan. Worst Months for Auto-Deer Collisions in Ala.
Dec 28 2004 // There is one deer for every 2.5 registered vehicles in Alabama — 1.8 million deer and 4.5 million vehicles according to the Insurance Institute for Highway Safety in Arlington, Va. Usually, deer stay in the woods and...
SBA Filing Deadline Extended to Jan. 3 in Fla., Ala.
Dec 23 2004 // The U.S. Small Business Administration (SBA) has extended application deadlines to Jan. 3 for residents and business owners in Florida and Alabama. A spokesman said it has approved more than $1 billion in loans in Florida...
Alabama Agents Schedule March Legislative Conference
Dec 8 2004 // Alabama agents will be briefed about pending legislation, review topics to discuss with Alabama legislators and attend a BBQ at the Capital March 17 during the 18th Alabama Independent Insurance Agents Legislative...
Ala. County Commissioner Indicted
Dec 2 2004 // A five-count federal indictment was handed down by a Birmingham Grand Jury charging Cherokee County Commissioner Leonard Woodall with accepting bribes and making false statements. Woodall is also accused of lying to FBI...
Ala. Insurance Agents Plead Guilty in Bribery Case
Nov 22 2004 // Two insurance agents have pleaded guilty in Birmingham, Ala., to giving money to Cherokee County elected officials in exchange for the county’s insurance business, the latest corruption case to surface in the...
Ala. Agents Plead Guilty in Bribery Case
Nov 2 2004 // Two insurance agents have pleaded guilty in Birmingham, Ala. to giving money to Cherokee County elected officials in exchange for the county’s insurance business, the latest corruption case to surface in the...
Alabama’s DOI On A Fact-finding Mission to Interview Brokers, Companies
Oct 29 2004 // The Alabama Department of Insurance is interviewing brokers and companies that are tied to entities that have attracted the attention of prosecutors in New York and other states. “There have been serious allegations...
Ala. Gov. Riley Notes More Counties Added to Federal Disaster Declaration
Oct 5 2004 // Alabama Gov. Bob Riley announced President Bush has approved his request to add more Alabama counties to the federal disaster declaration due to damage caused by Hurricane Ivan. “Now more Alabamians will be able to...
Ala. Hurricane Victims Get Grace Period on Premiums Following Ivan’s Visit
Sep 23 2004 // Alabama Gov. Bob Riley and Insurance Commissioner Walter Bell on Wednesday directed insurance companies in Alabama to provide a 60-day grace period on non-payment of premiums to citizens affected by Hurricane Ivan. The...
RMS Estimates Ivan Insured Losses at $3-$6 Billion
Sep 22 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses in the U.S. from Hurricane Ivan are expected to be between $3 and $6 billion. RMS’...
Ala. Gov. Riley Requests Federal Aid for Farmers
Sep 21 2004 // Alabama Gov. Bob Riley on Monday asked U.S. Agriculture Secretary Ann Veneman to declare Alabama a federal agriculture disaster area due to the devastation brought by Hurricane Ivan. An agriculture disaster declaration...
Alabama Gov. Riley Reports Great Progress in Recovery Efforts From Ivan
Sep 20 2004 // Alabama Gov. Bob Riley on Sunday said Alabama’s recovery efforts continue to make great progress in delivering water, ice and other assistance to victims of Hurricane Ivan. Riley also encouraged residents to follow...
RMS: Potential Losses for Hurricane Ivan, $2 to $7 Billion
Sep 17 2004 // Risk Management Solutions (RMS), reported that insured losses from Hurricane Ivan in the U.S. are likely to range from $2 to $7 billion, based on updated information on landfall location and wind speeds. Additional insured...