A panel formed by Gov. Robert Bentley to recommend ways to make homeowners insurance more available in Alabama is closer to issuing a final report.
The Affordable Homeowners Insurance Commission voted Friday to
support at least seven changes to state insurance laws that would
place limits on some deductibles, require insurers to provide more
information to homeowners and give private insurers some incentives
to write policies on homes in coastal areas.
The Birmingham News reports the commission put off several other proposals to be considered at a later meeting.
Bentley created the panel last year to address a lack of insurance availability and affordability. It will be up to the governor and state lawmakers to decide whether to adopt its recommendations.
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