As Some States Welcome More Captives, Alabama DOI Declares Moratorium on Them March 10, 2025 By William Rabb Just as several other U.S. states are bragging about the growing number of captive insurers domiciled there – and are...
Alabama Now Requiring Quarterly Reports From Surplus Lines Brokers January 8, 2025 Starting this spring, surplus lines brokers in Alabama must file quarterly reports showing all surplus lines transactions, the state Department...
Nonresident Surplus Brokers in Alabama Must Have $50,000 Bond Starting Jan. 1 November 12, 2024 Nonresident surplus lines brokers working in Alabama, like their in-state brethren, must secure a $50,000 fidelity bond to be licensed...
South Alabama Woman Charged With 11 Counts of Insurance Fraud July 30, 2024 An Alabama woman was arrested after she was indicted by a grand jury, charged with multiple counts of insurance fraud....
Alabama House Votes to Give DOI More Arrest Powers, Longer Statute of Limitations February 26, 2024 By Insurance Journal Staff Reports The long arm of the Alabama Department of Insurance may be about to get a little longer, after the state...
3K Alabama Homes Now Strengthened to IBHS FORTIFIED Standards May 28, 2021 The Strengthen Alabama Homes program has funded grants for 3,000 FORTIFIED roofs to help families protect their homes from severe...
Former Alabama Insurance Commissioner Mike Weaver Dies at 70 April 29, 2021 Mike Weaver, who served as Alabama Insurance Commissioner under Gov. Guy Hunt from 1988 to 1993, passed away Sunday after...
Alabama Insurance Dept. Makes COVID-Related Producer Licensing Modifications October 5, 2020 The Alabama Department of Insurance has issued a bulletin providing information and directives regarding current deadlines/requirements in the Producer Licensing...
Alabama Regulator Eases Process for Auto Insurers to Reduce Policyholder Premiums April 14, 2020 The Alabama Department of Insurance says it will waive filing fees and allow for immediate implementation of premium reductions by...
Alabama Issues Industry Guidance on COVID-19, Classifies Insurance as Essential April 1, 2020 Alabama Commissioner of Insurance Jim Ridling has asked insurers writing business in the state to consider leniency and flexibility for...