Alabama Insurance Underwriting Association

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396 documents for Alabama Insurance Underwriting Association
  • To: STATE EDITORS Contact: Wendy Rose of Institute for Business & Home Safety, +1- 813-675-1045, wrose@ibhs.org

  • Three Gulf Coast states' high-risk insurance pools are quite likely to face the test of their financial wherewithal in the aftermath of the damage inflicted by Hurricane Katrina. Officials are confident they have enough funds to pay homeowners claims, but in the end, these programs will likely levy assessments on all property insurers in their respective states, which will then pass on those assessments via surcharges on policyholder premiums. Deputy Alabama Insurance Commissioner David Parsons said that even without knowing insured loss estimates, the Alabama Insurance Underwriting Association would issue an assessment on all property insurers writing business in Alabama. The AIUA's assessment, to be determined by its board, likely would total roughly $20 million among all property ins...

  • ... and continuously maintain health insurance from private companies3—is unconstitutional. The... $90 Billion Private Underwriting Costs Problem Congress also recognized that...South-Eastern Underwriters Association Although not concerning the “substantial ...2 The 26 state plaintiffs are Alabama, Alaska, Arizona, Colorado, Florida, Georgia, Idah...

  • Captive insurance companies traditionally insure commercial lines, but Alabama is on track to creating a new use -- a captive that provides homeowners insurance to residents of its hurricane-exposed coastal municipalities. The driving force behind Alabama's plan, State Revenue Commissioner Tim Russell, understands he is . Russell focuses on a captive because homeowners insurance now averages some $4,000 to $5,000 a year as compared to $1,200 a year before the hurricanes. The higher costs and availability problems diminish economic activity in the area, which reduces tax revenues in the state. In addition to the tax-free status of capital raised by municipal bonds, the proposed captive insurer also would benefit from a state law that provides a lower premium tax. Asked...

    ...-based Captive Insurance Companies Association. "The nature of the beast is commercial lines rath... coverage from the Alabama Insurance Underwriting Association would continue to cover homes right on...

  • ... guaranteed access to health care insurance at community rates, the ACA could reduce the probl...The eventual elimination of medical underwriting in the individual and small group markets by the A... states created joint underwriting associations, (58) and physician mutual insurers. (59) A few st...(84) In 1987 Alabama passed medical malpractice reforms including cap o...

  • ... Citizens, the Mississippi Windstorm Underwriting Association, the Mississippi Residential Underwritting Association, the Alabama Insurance Underwriting Association, the Texas FAIR...

  • ...Please note that the underwriting limitation published herein is on a per bond basis...INCORPORATED IN: Florida. ACSTAR INSURANCE COMPANY (NAIC 22950). BUSINESS ADDRESS: P.O. BOX 2...INCORPORATED IN: Alabama. CENTRAL MUTUAL INSURANCE COMPANY (NAIC 20230). BU...Pennsylvania Manufacturers' Association Insurance Company (NAIC 12262). BUSINESS ADDRESS: ...

  • ... Katrina and business ceded to Universal Insurance Company of North America ("Universal"). Allstate b... primarily in Louisiana, Mississippi, Alabama, Florida and Texas. . "Allstate has nearly 4,000 c... facilities and joint underwriting associations that provide insurance coverage to individuals or ...

  • ... these changes expanded the state's underwriting and subsidization of catastrophe risk and others s...) through insolvency guaranty associations and to other creditors.21 An insurer's owners reap... in this region of the country including Alabama, Florida, Georgia, Louisiana, Mississippi, North C...

  • Illustration

    ... appraisal reports, title reports, title insurance, flood reports and closing services 3t Systems Inc... mortgage document submission, underwriting, shipping, storage and auditing AECOM Technology C... Insurance products for employees, associations and financial institutions AIG Environmental www.a...-service mortgage banking legal services Alabama Notary www.alabamanotary Certified public notary S...



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