Southeast News

Florida Supreme Court Rules Against Insurer in Concurrent Loss Case

The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy. Though the decision can have …

Increased Impaired Boating Penalties Take Effect in North Carolina

Tougher penalties for boat operators impaired by alcohol or drugs who unintentionally kill or injure someone are among all or parts of a dozen new laws now in effect in North Carolina. Provisions enacted during this year’s General Assembly and …

Worldwide Facilities Acquires Trinity Underwriting Managers of Georgia

Worldwide Facilities, a national wholesale insurance brokerage and managing general agency, has acquired Trinity Underwriting Managers, Inc. (TUMI), an underwriting manager and wholesale insurance broker specializing in commercial transportation. TUMI offers its products and services across the U.S. through retail agents …

NFIP Payouts to Matthew Victims Top $162M

The National Flood Insurance Program has paid out more than $162 million to victims in the five-state area hit by Hurricane Matthew—Florida, Georgia, North Carolina, South Carolina and Virginia, the Federal Emergency Management Agency (FEMA) said in a news release …

Residents Return to Tennessee City Demolished by Fire

  Charlotte Moore needed a phone charger. “I’ll just get it at home,” she shrugged. Then she remembered that her home was gone. The realization came as she made the familiar drive up to the top of Laurel Mountain in …

North Carolina Surplus Lines Agents Facing Jan. 1 Registration Deadline

Surplus lines agents doing business in North Carolina can now begin registering with the recently established North Carolina Surplus Lines Stamping Office as new rules regarding resident and non-resident surplus lines licenses are set to take effect. As of Jan. …

Tennessee Wildfire Death Toll Rises to 7; City of Gatlinburg Surveys Damage

Three more bodies were found in the ruins of wildfires that torched hundreds of homes and businesses in the Great Smoky Mountains area, raising the death toll to seven, a Tennessee mayor said Wednesday. Search-and-rescue missions continued, and Sevier County …

Acentria Expands Into Miami Through Partnership with iSure Insurance Brokers

Acentria Insurance has expanded its presence in South Florida through a merged partnership with iSure Insurance Brokers, located in Miami. Established in 1984, iSure Insurance Brokers specializes in commercial insurance, employee benefits, human resource outsourcing and personal insurance. It will …

North Carolina Insurers Want 19.6% Rate Hike for Dwelling Policies

The North Carolina Rate Bureau (NCRB) has requested a 19.6 percent rate increase on all dwelling insurance policies, according to a statement from the North Carolina Department of Insurance. NCDOI announced Dec. 1 it is reviewing NCRB’s Nov. 30 rate …

Citizens Assesses Hurricane Response as 2016 Season Comes to a Close

Citizens Property Insurance Corporation expressed satisfaction with its response efforts to the first hurricanes to hit Florida in more than a decade as the end of the 2016 hurricane season officially ended Nov. 30. “Policies and procedures put in place …

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