Caught square in the path of Irene, the first major hurricane of the season, the coastal insurance plans in North and South Carolina are prepared to absorb what may be their first major losses in years. Both plans appear to …
Hurricane Irene was expected to strengthen over the next few days and could hit the southeastern United States as a large and powerful storm late in the week, forecasters said Tuesday. The U.S. National Hurricane Center’s forecast indicated Irene, now …
The U.S. Equal Employment Opportunity Commission has sued a national insurance company, contending the firm violated federal law by refusing to hire a North Carolina man after he disclosed he was participating in a methadone treatment program for a drug …
Victims of North Carolina doctors guilty of medical malpractice will be limited to $500,000 what they can collect for pain, suffering and lost body parts under legislation the state House passed into law over a veto by Gov. Beverly Perdue. …
A federal jury awarded $10 million this week to the family of a North Carolina teenager who died after a police officer shocked him with a Taser at the grocery store where he worked, according to court documents. The jury …
Wholesale insurance broker Burns & Wilcox has promoted Kasey Vaughn to branch manager of its Morehead City, North Carolina office. Vaughn has been a personal lines underwriter for the past 11 years with Burns & Wilcox. Headquartered in Michigan, Burns …
Wholesale insurance broker AmWINS Group, Inc. is expanding its operations with a new office location in Morehead City, North Carolina. Karen G. Toler, formerly of Burns & Wilcox, has joined AmWINS to lead this new office, which will focus primarily …
The North Carolina Senate has rejected Gov. Beverly Perdue’s opposition to a bill to limit certain damages for negligence victims in medical malpractice cases. The Senate agreed Wednesday to override Perdue’s veto on the legislation, which now goes to the …
Wholesaler Appalachian Underwriters Inc. (AUI) has hired veteran Robert Lowery as a broker for the Carolina region. Lowery brings 30 years of experience as an excess and surplus lines broker to AUI. He began his career in Atlanta as an …
North Carolina residents insured by two companies are going to receive refunds totaling more than $1 million after state regulators found they overcharged their personal lines policyholders. SAFECO Insurance Co. of America and American States Preferred Insurance Co. have issued …
