DOI

Alabama DOI Expands Policy Cancellation, Nonrenewal Prohibitions

Auto Insurance /
Alabama DOI Expands Policy Cancellation, Nonrenewal Prohibitions

Property insurers in Alabama will no longer be able to cancel or non-renew policies because of natural disasters or because of losses that don’t affect that line of business, the Alabama Department of Insurance announced in a recent bulletin. Personal and commercial property insurance carriers, along with automobile insurers admitted in the state, for new […]

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Alabama DOI Says Captive Moratorium Does Not Apply to Foreign RRGs

Life Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Eight months after it declared a moratorium on the licensing of captive insurance companies and risk retention groups, the Alabama Department of Insurance has posted a clarification. The March bulletin and an extension of the moratorium issued in September do not apply to foreign (non-Alabama) risk retention groups, Insurance Commissioner Mark Fowler said in the

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Alabama DOI Extends Moratorium on New Captives, Risk Retention Groups

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Alabama’s insurance commissioner has extended a moratorium on new captive insurance companies and risk retention groups until at least next summer. The bulletin, posted this week, follows the commissioner’s announcement in March that the Department of Insurance would not accept or process new registration applications for at least six months. That temporary order will now

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