municipal insurance pools News

AM Best Downgrades Alabama Muni Insurance Pool, Citing Law Enforcement Liability

The A.M. Best financial rating firm has downgraded the financial strength rating of the Alabama Municipal Insurance Corp., citing weather losses as well as law enforcement liability costs. “AMIC’s law enforcement liability segment has been impacted by claims going to …

State Takeover of Nashville Airport Board Remains as Lawsuit Proceeds

A three-judge panel won`t stop Tennessee officials from taking over Nashville`s airport operations while a lawsuit challenging the recently enacted statute allowing the change moves forward. In a decision handed down Monday, the judges criticized Nashville city leaders for “inexplicably” …