Wednesday, September 26, 2007

Insurance bill to be released

Wednesday, September 26, 2007
By SEBASTIAN KITCHEN
Capital Bureau

MONTGOMERY -- Gov. Bob Riley will join state Sen. Ben Brooks and other legislators in Irvington today to unveil a bill intended to overhaul property insurance along the Alabama coast.

Key items in the bill will include restructuring and expanding beach pool coverage, offering tax breaks to homeowners who upgrade their properties to reduce the possibility of storm damage and allowing condominiums to use captive insurance, which provides a form of self-insurance.

Click here to read the complete story from the Mobile Press-Register.