Progress For Insurance Reform

Insurance Gulf Coast One of two state insurance reform bills proposed by local legislature has been passed in the senate.
by Robert Blomquist
Published: Wed, April 30, 2008 - 9:48 pm CST Last Updated: Wed, April 30, 2008 - 9:50 pm CST
Late this evening one of two state senate bills aimed at addressing the Gulf Coasts insurance problems was passed. After repeated pleas by Senator Ben Brooks for the Senate to address the issue, Senate Bill 3 passed with a unanimous 30-0 vote. The bill allows a captive insurance company to provide personal motor vehicle or home owner's insurance coverage.

Shortly after the vote took place Senator Brooks spoke with News 5 anchor Mel Showers about the progress and what this means for our area. Another bill which has yet to be addressed, Senate Bill 5, would create an Alabama Coastal Insurance Authority made up of all insurers to write property insurance in the state of Alabama.
Embed:
Email a Friend Email to a Friend   
Printer Friendly Printer Friendly
Download Video   
Translate: » Spanish | French | German | Italian | Japanese | Chinese | Russian | Hindi

Recently Commented On

Brewton Teacher Busted During…

17 Total Comments
Brewton Teacher Busted During Drug Sting Police say a Brewton Elementary School teacher was arrested… more »

Alabama Ethics Commission Found…

6 Total Comments
Alabama Ethics Commission Found Weak A national survey says Alabama is one of only three states… more »

Toddler Shot In Apparent Drive-by…

10 Total Comments
Toddler Shot In Apparent Drive-by Shooting Prichard police say a 1-year-old girl and her father were… more »

Customers Chase After Bank Robber

5 Total Comments
Customers Chase After Bank Robber Police say Sean Mitchell robbed the M & M Bank on Bienville… more »

Revenue Commission Missing 20k

4 Total Comments
Revenue Commission Missing 20k The News 5 Investigative team has confirmed that about 20,000… more »