Latest North Carolina Headlines

All the headlines from our North Carolina Topic Page, ordered by recency.

North Carolina Insurance Magnate Convicted of Bribery, Conspiracy

Mar 9 2020 // A major political donor was convicted Thursday of trying to bribe a North Carolina insurance regulator with millions of dollars in campaign funds in hopes of reducing scrutiny of his insurance business.A federal jury found...

Atlantic Casualty to Create 83 Jobs, Invest $11.8M in North Carolina Operations

Mar 9 2020 // Atlantic Casualty Insurance Co., a national provider of commercial insurance products, will create 83 jobs and invest more than $11.8 million through an expansion of its Wayne County, N.C., headquarters, according to a...

Risk Strategies Acquires Atlas Insurance Management of North Carolina

Mar 6 2020 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Atlas Insurance Management of North Carolina, a company that works on the formation and management of captive insurance...

Atlantic Casualty to Create 83 Jobs, Invest $11.8M in North Carolina Operations

Feb 19 2020 // Atlantic Casualty Insurance Co., a national provider of commercial insurance products, will create 83 jobs and invest more than $11.8 million through an expansion of its Wayne County, N.C., headquarters, according to a...

Trial Set to Begin for North Carolina Insurance Magnate Accused of Political Corruption

Feb 18 2020 // The trial of an insurance company magnate and two associates on charges they conspired to bribe an elected North Carolina regulator with up to $2 million in campaign money so scrutiny of his businesses would ease is...

AAA Carolinas Merges with The Auto Club Group

Feb 14 2020 // The Auto Club Group (ACG) and AAA Carolinas have merged and combined operations, it was announced last month.With North and South Carolina part of The Auto Club Group family, the company now serves more than 13.5 million...

Towne Insurance Expands Into South Carolina, Acquires The Angel Insurance Agency

Feb 13 2020 // North Carolina-based Towne Insurance has expanded into South Carolina with the completion of its acquisition of Nationwide Agency, The Angel Insurance Agency.Led by David E. Angel, The Angel Insurance Agency has offices...

Report: Water from Hot Tub Displays Caused North Carolina Legionnaire’s Outbreak

Feb 13 2020 // Hot tub water that sprayed into the air likely caused an outbreak of Legionnaire’s disease that killed four people in North Carolina last year, state health officials said last month.The state Department of Health...

Severe Storm Sweeps Through Southeast, Causes 5 Deaths

Feb 10 2020 // More than 260,000 homes and businesses in the southeastern United States were without power early Friday after a powerful storm raked the region. At least five people were killed.North Carolina had the most customers...

Feds Halt North Carolina Pharmacy From Dispensing Opioids, Issue $600K Fine

Feb 7 2020 // A North Carolina pharmacy and its owner have to pay a $600,000 civil penalty and stop dispensing opioids or other controlled substances, federal prosecutors said. Farmville Discount Drug Inc., and its owner and...

North Carolina Woman Seeks $15M in Sexual Harassment Lawsuit Against NAACP

Feb 6 2020 // A woman who repeatedly told the national NAACP that her supervisor in the North Carolina conference had sexually harassed her is suing the national group and her former boss.Jazmyne Childs is seeking at least $15 million...

Judge Refuses to Dismiss Corruption Case Against North Carolina Insurance Magnate

Feb 3 2020 // A federal judge refused to dismiss conspiracy and bribery counts against a North Carolina insurance magnate and two associates, allowing the case to move toward a February trial.Lawyers for Greg E. Lindberg, John Gray and...

North Carolina City Sets Climate Goals After Declaring Emergency

Jan 31 2020 // A North Carolina city has become the first in the state to declare a “climate emergency” and has now set goals on warming greenhouse gases and renewable energy.Asheville City Council unanimously voted for the...

Arthur J. Gallagher & Co. Acquires Hanover Excess & Surplus of North Carolina

Jan 29 2020 // Arthur J. Gallagher & Co. has aquired Wilmington, N.C.-based Hanover Excess & Surplus, Inc. Terms of the transaction were not disclosed. Established in 1970, Hanover Excess & Surplus is a regional managing...

North Carolina Captive Insurance Program Continued Growth in 2019

Jan 22 2020 // The North Carolina Department of Insurance Captive Insurance Program continued its steady growth in 2019, according to a statement from NCDOI.As of Dec. 31, 2019, NCDOI had licensed (including provisional) 318 captive...

North Carolina Awarded $281M for Hurricane Damage by Army Corps

Jan 22 2020 // The Army Corps of Engineers will award $281 million to a North Carolina city and county heavily impacted by Hurricanes Matthew and Florence.The Corps will release $237 million to Surf City/ North Topsail Beach and $44.5...

Lawsuit: Ex-Volvo Worker in North Carolina Fired Because He Wasn’t Swedish

Jan 21 2020 // A Romanian-born former employee at Volvo was left out of business talks, turned down for a promotion and ultimately fired because he wasn’t Swedish, according to a lawsuit.Luke Diventi is suing Volvo Group North...

North Carolina Insurers Settle for 4% Rate Increase on Dwelling Policies

Jan 7 2020 // The North Carolina Department of Insurance and the North Carolina Rate Bureau (NCRB) have reached a settlement for an average 4% increase on a proposal to increase dwelling insurance rates.A hearing on the proposal...

North Carolina Public Housing Residents Evacuated Over Carbon Monoxide Exposure

Jan 6 2020 // Hundreds of people have been relocated from a North Carolina public housing community over ongoing concerns about carbon monoxide.The Durham Housing Authority said in a statement Friday night that it was conducting an...

Duke Energy to Save $1.5 Billion in North Carolina Coal-Ash Settlement

Jan 3 2020 // Duke Energy Corp. reached a settlement with state regulators that will cut $1.5 billion from its cost to clean up coal ash ponds in North Carolina.The deal announced Thursday ends a legal dispute with the state, which in...