All the headlines from our North Carolina Topic Page, ordered by recency.
Feb 2 2021 // The North Carolina Department of Insurance has approved or licensed more than 1,000 risk-bearing captive entities (including conditional licenses and approvals) since its captive program inception in 2013 through year-end...
Jan 28 2021 // Duke Energy, North Carolina officials and a conservation group announced Monday an agreement on how the utility pays to get rid of coal ash stored in the state. The proposed settlement would shift an estimated $1.1 billion...
Jan 26 2021 // A former North Carolina congressman and state Republican Party leader who lied to FBI agents about a bribery scandal received a pardon from outgoing President Donald Trump in his final hours in office.Federal authorities...
Jan 19 2021 // North Carolina Insurance Commissioner Mike Causey took the oath of office for his second term as North Carolina’s Insurance Commissioner last week.Causey was sworn in Jan. 9 by North Carolina Chief Justice Paul Newby...
Jan 15 2021 // Traffic deaths in North Carolina last year surpassed 1,500 for the first time in 13 years despite a pandemic during which motorists logged fewer miles statewide, statistics show.N.C. Department of Transportation data shows...
Jan 15 2021 // One person was killed and at least four people were injured after a retaining wall fell on construction workers in a North Carolina city, officials said Wednesday. The City of Hendersonville said in a news release that the...
Jan 14 2021 // The Hilb Group, LLC (THG) has acquired North Carolina-based Dwayne Wilson Insurance & Financial Services, Inc. (DWI). The transaction became effective on Dec. 31, 2020. DWI is a full-service life and health (L&H)...
Jan 13 2021 // Exceptional Risk Advisors, a Lloyd’s of London coverholder, has acquired assets of International Specialty Insurance Services.Headquartered in Winston-Salem, N.C., International Specialty Insurance designs insurance...
Jan 13 2021 // McGriff’s Tommy Ebner, leader of the company’s oil and gas practice, and former president and CEO of McGriff, Seibels & Williams, Inc., will retire after 28 years.The retirement will take place during the...
Jan 12 2021 // East Carolina University is restoring two of its women’s teams cut last spring for budget problems compounded by the COVID-19 pandemic, and paying more than $189,000 to avoid a gender discrimination lawsuit.The...
Jan 8 2021 // BevCap Management, LLC (BevCap), an alternative risk program manager with captives domiciled both on and offshore, has formed HatterasRe, LTD, an onshore domiciled captive insurer for BevCap Health’s proprietary...
Jan 6 2021 // The CEO of a marketing and technology company has gone to court over what he says are faulty custom-made steel-and-glass windows and doors in his $16 million Charlotte home.Ric Elias, CEO and co-founder of Red Ventures,...
Dec 28 2020 // Restaurant owners, who have seen their capacity and hours limited by government entities, are struggling to keep the doors open, while their staff, often in a very public-facing position, try to stay both employed and...
Dec 17 2020 // North Carolina worker and civil rights advocates are unhappy with the outgoing state labor commissioner’s refusal to put more regulations upon employers they say will protect employees from COVID-19.Representatives...
Dec 16 2020 // The North Carolina Rate Bureau, which represents all companies writing property insurance in the state, is seeking an 18.7% statewide average increase in dwelling policies.The North Carolina Department of Insurance said it...
Dec 1 2020 // They threw her new cellphone on the roof of the station house and placed nails under the wheels of her pickup truck. As she prepared to answer a call, someone poured tobacco juice in her boots. It was too much for Timika...
Dec 1 2020 // A North Carolina Superior Court gave approval to the state’s insurance regulator to modify the moratorium on insurance businessman Greg Lindberg’s financially impaired Colorado Bankers and Bankers Life...
Nov 24 2020 // A federal appeals court on Thursday upheld a 2018 jury verdict that led to awarding monetary damages to neighbors of a North Carolina industrial hog operation for smells and noise they said made living nearby...
Nov 16 2020 // Flooding from heavy rains across North Carolina prompted Gov. Roy Cooper to declare a state of emergency on Friday as searchers looked for a 1-year-old and an adult who disappeared when high water swept through a...
Nov 16 2020 // Incumbent Mike Causey, a Republican, has defeated Democrat Wayne Goodwin in the third rematch between the two candidates for the position of North Carolina Insurance Commissioner.The Associated Press reported Wednesday...