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Top News Links: Tuesday, Nov 13

Insurance group seeks solutions for homeowners

The Alabama Affordable Homeowners Insurance Commission, appointed by Gov. Robert Bentley in the wake of dropped coverage and wildly increasing rates, is proposing incentives for homeowners to bank savings for repairs, require rate reductions for people whose houses meet storm-resistance codes, and incentives for insurers to cover more homes. — WBHM

Mobile cruise terminal costing city $5,000 a day

With no ships coming in and a continuing debt of $26 million, Mobile is spending some $5,000 a day for its vacant cruise terminal. — WPMI-TV

Stock offering at International Shipholding

Mobile-based International Shipholding is offering up to $40 million of common stock, with some of the proceeds going toward costs of its acquisition of U.S. United Ocean Services LLC. — Mobile Press-Register/al.com

Drone acquisition

ChandlerMay Inc., which makes unmanned aerial systems in Huntsville and in California, is being acquired by Lockheed Martin. — Nasdaq

Study urges retirement for coal-fired plants

The Union of Concerned Scientists report that coal-fired generating plants are ready for retirement; Alabama listed among top five states with retirement-ready plants. — Chicago Tribune

Expansion at Princeton Baptist

Princeton Baptist Medical Center in Birmingham has unveiled a $57 million expansion including 16 new operating rooms and improvements to the lobby and chapel. — al.com 

Contract awarded for Fort Rucker work

CSC, based in Virginia, has been awarded a contact to upgrade flight simulators and other training equipment at Fort Rucker; the six-month contract with ten one-year options is worth $34 million. — Business Wire

UA award to Delicious Dietitian

Jen Neese, founder of Delicious Dietitian in Mobile, was honored by the University of Alabama with its Jack Davis Professional Achievement Award during homecoming festivities. — Virtual Strategy

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