Latest North Carolina Headlines
All the headlines from our North Carolina Topic Page, ordered by recency.
North Carolina’s Red Ventures Buys HomeInsurance.com
Apr 3 2012 // Charlotte, North Carolina-based technology firm Red Ventures has acquired the online homeowners insurance site, HomeInsurance.com. HomeInsurance.com, based in Wilmington, N.C., offers competitive quotes on home insurance...
North Carolina Officials: Increased Fire Insurance Premiums Due to GPS
Mar 23 2012 // 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...
North Carolina Settles Irene Claim Disputes
Mar 19 2012 // North Carolina regulators have recovered over $400,000 for policyholders stemming from claims filed in the aftermath of Hurricane Irene. Insurance Commissioner Wayne Goodwin released a memorandum summarizing the...
North Carolina Court Weighs If Municipalities Charging Fees Forfeit Immunity
Mar 14 2012 // At a time when businesses have taken on traditional government tasks, from running schools to space launches, North Carolina’s Supreme Court is being asked to decide what tasks a municipality can perform and still...
Number of Vehicles Failing Inspection in North Carolina Triples
Mar 14 2012 // A report from the Division of Motor Vehicles has found that the number of vehicles filing safety inspections in North Carolina tripled last year. DMV Commissioner Mike Robertson told The Charlotte Observer that he thinks...
No Damages for Dog Death, North Carolina Court Rules
Mar 5 2012 // The North Carolina Court of Appeals has waded into a legal tussle over the wrongful death of a Jack Russell terrier. Nancy and Herb Shera sued North Carolina State University’s College of Veterinary Medicine in 2009,...
Business Moves
Mar 5 2012 // AutoOne, Interboro OneBeacon Insurance Group completed the sale of its AutoOne business to Interboro Holdings Inc. of New York. The transaction, which was announced on Aug. 31, 2011, included AutoOne Insurance Co. and...
North Carolina Resolves Hurricane Irene Claims
Mar 2 2012 // North Carolina regulators have recovered over $400,000 for policyholders stemming from claims filed in the aftermath of Hurricane Irene. At the same time, the regulators are calling for a five year extension in the federal...
North Carolina Lawmakers Look to Tackle Copper Theft
Feb 29 2012 // Lawmakers in western North Carolina are looking to make it tougher for copper thieves to sell scrap metal, and they’re getting creative about how to get it done. The News Herald of Morganton reported that state Rep....
North Carolina Farm Bureau to Raise Homeowners’ Rates, Drop Policies
Feb 27 2012 // North Carolina’s third largest homeowners insurer is looking to reduce its exposure in the state by increasing rates and rolling back its policyholder numbers, citing steep increases in reinsurance costs. The North...
Court Upholds 1998 Tobacco Deal, Denies North Carolina Firm’s Claims
Feb 24 2012 // The landmark 1998 national settlement between 46 states and 19 tobacco companies is valid and doesn’t amount to a conspiracy or anti-competitive behavior by the government, a federal appeals court ruled this...
North Carolina Says 2 Counties Must Buy Flood Insurance to Get Loan
Feb 24 2012 // North Carolina Gov. Beverly Perdue is making a no-interest state loan available to repair two schools and other public buildings in Tyrrell and Pamlico counties damaged during Hurricane Irene last August. Perdue authorized...
North Carolina Court Denies Damages in Wrongful Death of Dog
Feb 24 2012 // The North Carolina Court of Appeals has waded into a legal tussle over the wrongful death of a Jack Russell terrier. Nancy and Herb Shera of Wilmington sued North Carolina State University’s College of Veterinary...
North Carolina Wins Delay on Medical Loss Ratio
Feb 21 2012 // 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...
North Carolina Continues Auto Insurance Deregulation Debate; Rates Stay Same for 2012
Feb 20 2012 // Auto insurers in North Carolina are once again divided over the prospect of changing how the state sets insurance rates with some insurers advocating for rate deregulation while others are supporting the status quo. The...
Business Moves
Feb 20 2012 // ISU Network The San Francisco, Calif.-based ISU Network had expansions in four states, Utah, North Carolina, Maryland and North Dakota. Three Utah agencies have joined ISU Network. ISU Service Insurance Agency in...
North Carolina Supreme Court Weighs ‘Reasonableness’ of Hospital Bills
Feb 15 2012 // North Carolina’s Supreme Court heard attorneys argue Monday whether consumers should be able to take hospitals to court to justify bills that seem excessive. The high court took up the case of Robert Talford, 68, of...
North Carolina Insurers Still Hoping for Medical Loss Ratio Waiver
Feb 13 2012 // The U.S. Department of Health and Human Services is going overtime as it decides whether to stick with federal standards that could mean $12 million in rebates for more than 58,000 North Carolina residents who buy their...
Northern California-based ISU Network Expands In Three States
Feb 9 2012 // The San Francisco, Calif.-based ISU Network on Thursday announced expansions in three states, North Carolina, Maryland and North Dakota. ISU’s North Carolina additions are: H. B. Cantrell & Co., O’Connor...
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Feb 7 2012 // Auto insurers in North Carolina are once again divided over the prospect of changing how the state sets insurance rates with some insurers advocating for rate deregulation while others are supporting the status quo. The...
