North Carolina News

Atlas General Insurance Services, LLC, Hires Clark Lawrence as Vice President of Marketing, Eastern Region

San Diego, CA, December 9, 2014– Atlas General Insurance Services, LLC, a national multi-line program manager, welcomes Clark Lawrence as the new vice president of marketing for the eastern region. In his new role, Lawrence will be responsible for developing …

Lighthouse Insurance Expands Homeowners Program to North Carolina

Beginning in November 2014, Lighthouse Property Insurance Corp. will offer homeowners insurance and flood insurance throughout North Carolina. While Lighthouse will debut in the state with only homeowners and flood, it expects to introduce a dwelling fire product in 2015. …

All Risks Taps Julien as California Workers’ Comp Underwriter

Danielle Julien has been hired by wholesaler All Risks Ltd. as a workers’ compensation brokerage underwriter located in San Diego, Calif. Julien will write workers’ compensation business with retail agents in California, Arizona and Nevada. Julien has eight years of …

Insurer Ordered to Pay in North Carolina Parasailing Deaths

An insurance company has been ordered to finish paying $100,000 in the 2009 deaths of two women who were parasailing in Ocean Isle Beach. The StarNews of Wilmington reported that the president of Marine Specialty Management, Craig Reynolds, had been …

N.C. Authorities Announce Arrests for Alleged Insurance Fraud Schemes

North Carolina Insurance Commissioner Wayne Goodwin this week announced the arrest of Shacoria Vontravia Crawford, 24, of Charlotte, N.C. She is charged with one count each of insurance fraud, conspiracy to commit insurance fraud and making a false report to …

North Carolina Agent Arrested, Charged With Insurance Fraud

North Carolina regulators announced this week that a local insurance agent was arrested and charged with one felony count of obtaining property by false pretense.Department of Insurance criminal investigators allege that James Donald Williams of Statesville, N.C., while working as …

North Carolina Woman Arrested for Alleged Insurance Fraud

North Carolina insurance department announced last week the arrest of Debra Gail Hodges, 41, of 5009 Inverness Drive, Fayetteville; she is charged with one count each of insurance fraud, attempted insurance fraud, obtaining property by false pretense, and attempting to …

K2 Acquires Majority Stake in Midwestern

San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation coverage with a focus on transportation. Terms of the deal …

North Carolina Officials: Increased Fire Insurance Premiums Due to GPS

Some North Carolina homeowners are seeing premium increases this year due to a fire rating change. And North Carolina officials say those increases in insurance premiums stem from the use of technology by insurers and not a change in public …

North Carolina Wins Delay on Medical Loss Ratio

Federal regulators last week allowed North Carolina insurers a one-year delay in meeting a benchmark requiring that more of each health insurance premium dollar to go toward medical services and less toward overhead and bonuses. The decision by the U.S. …