Latest North Carolina Headlines
All the headlines from our North Carolina Topic Page, ordered by recency.
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
North Carolina Agent Charged with Embezzling Insurance Premiums
Dec 17 2009 // North Carolina Insurance Commissioner Wayne Goodwin reported the arrest of a licensed insurance agent from Fremont who has been charged with embezzling $7,000 in insurance premiums. Insurance department investigators...
Web Site Profiles North Carolina Bank Robbers
Dec 11 2009 // Federal investigators are profiling bank robbers by giving them an online identity. The FBI and the North Carolina Bankers Association unveiled a Web site that includes photographs and information about bank robbers....
North Carolina Board Posts Malpractice Data on Physicians
Dec 9 2009 // North Carolina residents now have online access to information on malpractice lawsuits, convictions, suspensions, or other disciplinary actions taken against physicians and other medical professionals in the state. The...
Zureich to Succeed Arnold at North Carolina’s Lawyers Mutual
Dec 7 2009 // Lawyers Mutual Liability Insurance Co. of North Carolina announced that Gerald Arnold is retiring from his position as president of the company, effective Dec. 31, 2009. Arnold joined Lawyers Mutual in 1998 following his...
North Carolina Inspectors Cite Safety Violations in Slim Jim Explosion
Dec 3 2009 // Workplace inspectors cited ConAgra Foods Inc. and a contractor for dozens of serious safety violations in the June explosion at a Slim Jim plant that killed four people, the state Labor Department said this week. Most of...
North Carolina Mutual Seeks Hearing on License in Virginia
Nov 24 2009 // Virginia regulators are seeking to suspend the nation’s oldest black-owned insurer from doing business in the state, saying its finances are in hazardous condition. The Virginia State Corporation Commission said that...
Arthur J. Gallagher Buys North Carolina’s Shuford Insurance
Nov 23 2009 // International insurance broker Arthur J. Gallagher & Co. reported it has acquired Shuford Insurance Agency, Inc. in Concord, North Carolina. Terms of the transaction were not disclosed. Founded in 1938, Shuford...
North Carolina FAIR, Beach Plans Get New Board Members
Nov 20 2009 // North Carolina Insurance Commissioner Wayne Goodwin announced the appointment of five new members to the N.C. Joint Underwriting Association and the N.C. Insurance Underwriting Association, better known as the FAIR and...
North Carolina Agent Pleads Guilty to Embezzlement
Nov 4 2009 // North Carolina officials said that Jennifer Hughes Puckett, a former insurance agent from Rockingham, appeared this week in Carthage at the Moore County District Court and pleaded guilty to 16 counts of embezzlement by an...
BB&T Insurance Acquires Florida’s Oswald Trippe Agency
Nov 3 2009 // Raleigh, North Carolina-based BB&T Insurance Services, the nation’s seventh largest insurance broker, said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Co. Inc. of...
North Carolina Workers’ Compensation Rates Cut 9.6%
Nov 2 2009 // North Carolina workers’ compensation rates paid by employers are going down. The state has agreed to a 9.6 percent decrease to the voluntary market loss costs and no change (zero percent) for the assigned risk...
Jury Awards North Carolina Soldier $750K in Training Shooting
Oct 29 2009 // A former Army sergeant wounded during a military training exercise was awarded at least $750,000 in his lawsuit against the Moore County, North Carolina Sheriff’s Office and the former deputy who shot him. The...
Carroll, Jarratt and Lee Added to PCI’s Board of Governors
Oct 29 2009 // Steven D. Carroll, Robert Jarratt and Michael H. Lee have been elected as the newest members of the Property Casualty Insurers Association of America’s (PCI) Board of Governors. Carroll, serves as executive vice...
All in the Family: North Carolina Brother, Sister Charged with Fraud
Oct 28 2009 // A brother and sister have been arrested by North Carolina officials on charges of insurance fraud. State Insurance Commissioner Wayne Goodwin reported the arrest of Wanda Nichols Covington, 36, and her brother; Thomas...
North Carolina Arrests 3 More in Alleged Staged Auto Accident Ring
Oct 19 2009 // Three more people have been arrested in connection with an alleged staged accident ring in North Carolina, bringing the total to seven in what has been a two-year investigation in Rowland. Insurance Commissioner Wayne...
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...
