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AIUAAlabama Insurance Underwriting Association
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The AIUA's assessment, to be determined by its board, likely would total roughly $20 million among all property insurers in the state, Parsons said.
Premier Livestock is also running a prize draw to win a new Unistock Mark 2 in conjunction with the National Beef Association and AIUA Limited Insurance Group.
Andrew Cuthbertson, who joined BIB as business development director at the beginning of July, said: "We feel our farming insurance expertise complements the knowledge and service provided by HBOS's banking managers, ensuring each customer is offered a full and competitive range of products." Mr Cuthbertson, of Corbridge, joined BIB from the largest independent provider of farm insurance in the UK, AIUA.