All the headlines from our North Carolina Topic Page, ordered by recency.
Apr 29 2003 // N.C. Insurance Commissioner Jim Long announced that a McDowell County resident was indicted by a Mitchell County Grand Jury on allegations of defrauding hundreds of insurance policyholders. Harold T. Davis, a former...
Apr 11 2003 // North Carolina Insurance Commissioner Jim Long announced that in an effort to show support for our nation’s active military, the Department of Insurance has urged insurance companies to show lenience to Reservists,...
Apr 10 2003 // The Independent Insurance Agents & Brokers of America (IIABA) presented Donald C. Evans of Ash, N.C., with its Bernard J. Burns Award, bestowed annually upon the agent or broker making the most significant impact on...
Apr 4 2003 // North Carolina Insurance Commissioner Jim Long announced a settlement in the 2003 auto insurance rate case that could save consumers nearly $500 million in premiums from current rates.The agreement, reached between the...
Mar 31 2003 // South Carolina’s The Seibels Bruce Group Inc., announced financial results for the fourth quarter and year that ended December 31, 2002, reporting it posted a net profit of $805 thousand, or $0.09 per share (basic...
Mar 19 2003 // Medical Justice™ Corporation announced it is partnering with local insurance brokers in North Carolina and Ohio, as well as the Florida Medical Association, to protect physicians from frivolous malpractice cases with its...
Nov 8 2002 // Fort Worth-based State National Companies announced two of its affiliates have been awarded state authorizations to write multiple lines of insurance. Rhode Island granted an authorization to State National Specialty...
Nov 6 2002 // The North Carolina Rate Bureau (NCRB)’s recent announcement that it is filing an appeal with the North Carolina courts to overturn Insurance Commissioner Jim Long’s order for auto rate reductions is necessary...
Nov 5 2002 // Drivers in North Carolina can expect higher rates for auto insurance even though the North Carolina Department of Insurance recently ordered a 17.8 percent decrease in rates. However, according to the Charlotte Observer,...
Nov 4 2002 // North Carolina Insurance Commissioner Jim Long and Wilkes County Sheriff Dane Mastin announced that Darryl Edward Billings and Jennifer Lyn Billings of North Wilkesboro were arrested recently on charges of Obtaining...
Oct 31 2002 // William Pollard, executive vice president and general manager of the North Carolina Farm Bureau Mutual Insurance Company was elected chairman of the Board of Governors of the National Association of Independent Insurers...
Oct 8 2002 // The latest version of a coastal insurance bill requires that the North Carolina Beach Plan provide a homeowners policy with rates that are not “inadequate, excessive or unfairly discriminatory,” and which must...
Sep 12 2002 // SIAA announced that the Younts Insurance Agency of Lexington, N.C. became the organization’s 1000th Independent Strategic Member when the agency joined the SIA of North Carolina network. Younts Insurance was started...
Sep 10 2002 // In separate cases, courts in North Carolina convicted two women for alleged embezzlement and insurance fraud.According to the North Carolina Department of Insurance, Hillsborough resident Linda Kay Fleshman, formerly a...
Aug 28 2002 // The Seibels Bruce Group Inc., based in Columbia, S.C., announced that its subsidiary Universal Insurance Company (UIC) has received a 2002 Financial Stability Rating of “A” (Exceptional) from Columbus,...
Aug 13 2002 // South Carolina-based The Seibels Bruce Group Inc., posted a net profit of $1.0 million, or $0.11 per share (basic and diluted) in the second quarter This is compared with a net profit of $1.1 million, or $0.13 per share...
Jun 27 2002 // Two bills backed by the North Carolina Department of Insurance that would launch a reinsurance facility for coastal homeowners’ insurance would instead create a subsidy system in which inland policyholders will pay...
Nov 8 2001 // Tony Nicely, chairman, president and CEO of GEICO, was elected chairman of the National Association of Independent Insurers board of governors on Nov. 7 during the association’s annual meeting in New Orleans.Nicely...
Nov 2 2001 // The Independent Insurance Agents of America (IIAA) confirmed Thomas B. Ahart, as president; installed W. Cloyce Anders and Louise “Bebe” Canter to key executive leadership positions and added Alex Soto, ARM,...