Alabama's Beach Pool likely to seek rate increase as risks, reinsurance costs grow | al.com

Alabama's Beach Pool likely to seek rate increase as risks, reinsurance costs grow | al.com: "POINT CLEAR, Ala. -- Policyholders of Alabama's insurer of last resort may face higher premiums again this summer, as the Alabama Insurance Underwriting Association stretches to cover the risks of its rapidly growing business.

'I'm pretty certain were going to seek a rate increase,' said Bob Groves, manager of the group, commonly known as the Beach Pool."