Latest North Carolina Headlines
All the headlines from our North Carolina Topic Page, ordered by recency.
Cat Bond Market Set for Active Fourth Quarter, Reports Guy Carpenter
Oct 13 2009 // The catastrophe bond market is poised for an active fourth quarter in 2009, according to a new report. The report by Guy Carpenter & Co., LLC, and GC Securities, a division of MMC Securities Corp. concludes that a...
North Carolina Firms Seek to Limit Liability in Parasailing Deaths
Oct 12 2009 // Two North Carolina companies have filed a complaint in federal court aimed at removing them from liability in the deaths of two women killed in a parasailing crash. The Sun News of Myrtle Beach, S.C. reported that the...
North Carolina Man Charged with Lying About Lightning Damage
Sep 29 2009 // According to the arrest warrants, a Holly Springs, North Carolina man lied to his insurance companies and claimed a total of $33,971.91 in fraudulent lightning damage. Insurance Commissioner Wayne Goodwin reported the...
Insurers Honor 2 North Carolina Lawmakers for Beach Plan Bill
Sep 23 2009 // Two North Carolina state legislators have been named “State Legislators of the Year” by the National Association of Mutual Insurance Companies (NAMIC) for their efforts to pass legislation reforming the...
Dibb Joins North Carolina’s Trisure Brokerage
Sep 23 2009 // Kirby Dibb has joined independent insurance brokerage TriSure in Raleigh, North Carolina, as client services manager for safety and risk management. In her new capacity, Dibb is responsible for the design, training and...
North Carolina Updates PEO Oversight
Sep 21 2009 // North Carolina Gov. Bev Perdue has signed into law new financial requirements for Professional Employer Organizations (PEOs) operating in the state. The Professional Employer Organization Act (SB 1029), which unanimously...
North Carolina Coastal Broker Ready to Ride Beach Plan Reform Wave
Sep 21 2009 // Hanover Excess Sees State Pool Changes A Boost For Business Still Recovering From Recession, Soft Market The Web site for Hanover Excess (www.hanoverxs.com) proclaims that the people at this North Carolina excess and...
North Carolina Governor Wants Anti-Fire Switch in State Building Code
Sep 15 2009 // North Carolina Gov. Beverly Perdue is pushing for the state building code to require that new homes include an electronic switch that helps prevent house fires. The News & Observer of Raleigh reported that Perdue...
North Carolina Updates Professional Employer Organization Requirements
Sep 15 2009 // North Carolina Gov. Bev Perdue has signed into law stronger financial requirements for Professional Employer Organizations (PEOs) operating in the state. The Professional Employer Organization Act (SB 1029), which...
North Carolina Young Insurance Agents Bestow Annual Awards
Sep 10 2009 // The Young Agents Committee of the Independent Insurance Agents of North Carolina (IIANC) recently named its Agent of the Year, Broker of the Year and Company of the Year for 2009. Eric Stevens, of Moore and Johnson Agency...
North Carolina Diamond Broker Robbed of $1.5 Million Had No Insurance
Sep 8 2009 // The bad news for Peter Kaplan is even worse than first reported. The North Carolina diamond broker, whose $1.5 million inventory was stolen in New Mexico last week, didn’t have insurance. “My business is...
North Carolina Beach Plan Insurance Reforms Become Law
Sep 7 2009 // North Carolina Governor Bev Perdue has signed into law legislation to shore-up the state’s backup coastal insurer and reduce the liability of private insurers should a major catastrophe strike the state. House Bill...
North Carolina Recovers Self-Insurer’s Comp Funds
Sep 7 2009 // North Carolina Insurance Commissioner Wayne Goodwin said that $6.5 million will be returned to 661 employers who formerly were members of the Phoenix Fund Inc., a self-insured workers’ compensation fund that was put...
North Carolina Workers’ Compensation Rates Could Drop 9.6%
Sep 2 2009 // North Carolina Insurance Commissioner Wayne Goodwin said he has received industry rate filings for workers compensation requesting a 9.6 percent decrease in the voluntary market and a 1.3 percent increase in the assigned...
Tropical Storm Danny Weakens; East Coast Likely Spared Hurricane
Aug 28 2009 // Tropical Storm Danny weakened in the Atlantic Ocean Thursday and was no longer expected to become a hurricane, but it edged closer to the U.S. coast on a path that could take it to Canada’s Atlantic provinces by...
North Carolina Governor Signs Beach Plan Insurance Reform Bill Into Law
Aug 27 2009 // North Carolina Governor Bev Perdue has signed into law legislation to shore-up the state’s backup coastal insurer and reduce the liability of private insurers should a major catastrophe strike the state. House Bill...
Hurricane Bill Served Warning to North Carolina Island Homeowners
Aug 25 2009 // Although Hurricane Bill made no direct impact on the North Carolina coast, the seas that the storm churned up has caused worries for some homeowners. The Star-News of Wilmington reported Sunday that residents of Bald Head...
North Carolina Beach Plan Reforms Attract AAA Home Insurer
Aug 14 2009 // North Carolina Insurance Commissioner Wayne Goodwin said today, just one week after the General Assembly passed reforms to the state’s coastal insurance plan, that the insurance company for AAA Carolinas will begin...
North Carolina Recovers $6.5M for Members of Workers’ Comp Pool
Aug 11 2009 // North Carolina Insurance Commissioner Wayne Goodwin says that $6.5 million will be returned to 661 former members of the Phoenix Fund Inc., a self-insured workers’ comp fund that was put into rehabilitation nearly...
Report: North Carolina Auto Inspection Programs Ineffective, Unnecessary
Aug 10 2009 // A new report has found that there is little or no evidence that North Carolina’s auto safety inspection program is effective and it’s difficult to gauge whether the auto emissions program does any good for the...
