Tag: Alabama Insurance

Homeowners insurance rates could fall following new rating from fire department

mobile alabama mayor samuel jones homeowners insurance

Some residents of Mobile, Alabama may find that new safety scores could bring their premiums down. Local fire departments are playing a new role for homeowners insurance customers in Mobile, Alabama, in that the safety ratings that they have been issuing are making it possible for those policyholders to save money on their premiums. An increase in fire stations and firefighters, among other factors, are converting into coverage savings. Alabama homeowners insurance customers are experiencing a faster response time due to many factors, including a raise in the number of…

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Alabama State Employees Insurance Board facing “fiscal cliff”

Nordstrom
Alabama Employees Insruance

State Employees Insurance Board foresees problems with the Affordable Care Act Alabama is facing a serious “fiscal cliff,” according to William Ashmore, CEO of the State Employees Insurance Board. Ashmore’s concerns largely revolve around the Affordable Care Act and what impact it may have on the health insurance being provided to employees of the state. Next year, the law is expected to enact new changes to the health insurance market, with some of those changes targeting the health insurance plans of state workers. These changes are expected to bring about…

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Alabama health insurance exchange nixed

S.Vagus
Health Insurance rates and care

Alabama health insurance exchange plans put to rest by Governor Bentley Alabama will not build its own health insurance exchange, according to Governor Robert Bentley. The Governor released a short press release this week detailing his views on the exchange program and why the state will not build its own. The state is required to host a health insurance exchange per the Affordable Care Act. The state can, of course, opt out of building its own exchange, but the federal government will be responsible for building the Alabama health insurance…

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Alabama auto insurance law cracks down on uninsured drivers

S.Vagus
Proof of Auto Insurance

New auto insurance regulation may make Alabama roads safer In Alabama, a new auto insurance regulation is scheduled to take effect January 1, 2013, which will institute a new system that will make it more difficult for drivers without insurance coverage to be on the road. The new system is expected to crack down on the 900,000 vehicles registered in the state that do not have any kind of auto insurance coverage. According to state law, drivers must maintain liability insurance coverage, but Alabama has been struggling to make sure…

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Alabama Legislature blocks health insurance exchange bill

S.Vagus
Alabama Health Insurance

Legislative roadblocks keep exchange from moving forward As time goes by, more states are working to develop their mandatory health insurance exchanges. These insurance marketplaces are required by the Affordable Care Act, and each state must have a fully functioning, self sustaining exchange in place by 2014. Though the fate of the Affordable Care Act is currently pending a ruling from the Supreme Court, states have been working to comply with the law in order to avoid intervention from the federal government. In order for states to move forward with…

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Alabama governor vows to veto health insurance exchange bill

S.Vagus
Governor Bentley

Legislators making progress on exchange but are facing strong opposition Lawmakers in Alabama are working on getting a head start on the Affordable Care Act by establishing a health insurance exchange as quickly as possible. The House has recently passed a bill that lays out a framework for the exchange system, believing that this structure will expedite efforts to build a robust system. The health insurance exchange is expected to bring affordable coverage to thousands of Alabama residents, but that does not mean it is without its opponents, the chief…

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Tornadoes Rip through Sections of Dallas-Fort Worth

Guest Author

BOSTON, April 4, 2012 – According to catastrophe modeling firm AIR Worldwide, just one month after a notable tornado outbreak across parts of the Midwest and the Southeast, a severe thunderstorm on April 3 spawned up to 10-12 tornadoes that caused extensive, though localized, damage due to high winds, heavy rain, and hail in seven counties in the Dallas-Fort Worth region of Texas. The suburban communities of Arlington and Lancaster experienced significantly damaged buildings, with several homes and businesses flattened by the tornadoes. In Lancaster alone, 300 structures were damaged…

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