North Carolina News

North Carolina Senators Want to End Car Inspections

Getting a car inspected can be a hassle, and a legislative report criticized North Carolina’s annual vehicle safety program. But law enforcement and a group representing drivers are opposing an effort at the General Assembly to eliminate the yearly requirement. …

Lockton Expands with North Carolina Office

Privately-held insurance broker Lockton is expanding its reach into the Carolinas by opening an office in Charlotte, North Carolina. The new office will provide clients with commercial insurance, risk management and employee benefits regionally, nationally and internationally. Three executives will …

North Carolina Senate Approves Cap on Malpractice Awards

Limits on medical liability lawsuits, including a cap on certain jury awards, cleared the North Carolina state Senate this week in legislation that Republican backers argue will keep malpractice insurance premiums stable and attract more doctors to practice in North …

North Carolina Insurance Agent Arrested on Embezzlement Charges

A North Carolina insurance agent for Nationwide Insurance voluntarily surrendered her license after being arrested on embezzlement charges, according to state officials. Insurance Commissioner Wayne Goodwin reported the arrest of Susan Kaye Glover, of Wilson, on Feb. 28. Department of …

North Carolina Senate Panel Alters Malpractice Awards Cap Bill

A legislative committee debating a measure that would place limits on awards in medical malpractice lawsuits and change some rules for the litigation could vote on the measure early this week. The Senate Finance Committee last Thursday wrapped up a …

North Carolina Plans Public Hearing on Dwelling Rate Hikes

North Carolina Insurance Commissioner Wayne Goodwin has called for a June 21 public hearing on a proposed 20.9 percent rate increase in dwelling fire and extended coverage rates after the Department of Insurance ruled that some portions of the filing …

Willis North America Names Elliott as Operations Director

Insurance broker Willis North America has appointed Jeff Elliott as director of operations. He will be based in Charlotte, N.C. In this newly created role, Elliott will help refine Willis North America’s target operating model and oversee its major technology …

Workers’ Compensation Research Group Defends Work in North Carolina

A non-profit workers’ compensation research organization that maintains its work is independent of the industry and objective has found itself at the center of a controversy in North Carolina over whether to trim workers’ compensation benefits. A group of trial …

North Carolina Receives 800 Comments on Fire, Dwelling Rates

The North Carolina Department of Insurance said that more than 800 people have submitted either written comments or public testimony on the industry’s request for a statewide increase averaging 20.9 percent in dwelling fire and extended coverage policies. The comments …

North Carolina Auto Insurers: No Rate Change Necessary

North Carolina Insurance Commissioner Wayne Goodwin announced good news for drivers in the state after the North Carolina Rate Bureau submitted its latest rate filing calling for no change in passenger car and motorcycle policies for 2011. “This represents another …