NU Online News Service, March 19, 3:32 p.m. EDT
An Alabama representative is proposing to offer a $2.5 million incentive to insurers that remove wind risks from the state's assigned-risk pool.
The legislation, introduced earlier this month by Rep. Randy Davis, R-Daphne, is one of a series of measures the state's legislators have introduced to reduce exposure in the Alabama Insurance Underwriters Association (AIUA).
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
