Latest North Carolina Headlines

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

The Hilb Group Acquires North Carolina’s Employee Benefit Advisors of the Carolinas

Nov 21 2019 // The Hilb Group LLC (THG) has acquired North Carolina-based Employee Benefit Advisors of the Carolinas LLC (EBA). The transaction became effective November 1, 2019.Located in Charlotte, N.C., EBA is a full-service employee...

Federal Reserve Approves BB&T and SunTrust Banks Merger

Nov 19 2019 // The Federal Reserve Board on Tuesday approved the application by BB&T Corp. of Winston-Salem, North Carolina, to merge with SunTrust Banks, Inc. of Atlanta, Georgia.The merged entity will be called Truist Financial...

AM Best Assigns Credit Ratings to North Carolina’s Synergy Insurance Company

Nov 18 2019 // AM Best has assigned a financial strength rating of A- (excellent) and a long-term issuer credit rating of “a-” to Synergy Insurance Company based in Charlotte, N.C. The outlook assigned to these credit ratings...

Another $180M Approved for North Carolina Disaster Aid, Prep

Nov 18 2019 // Another $180 million in state funds are going to help with disaster recovery following hurricanes Matthew, Florence and Dorian and to prepare for North Carolina’s next storm. The state House and Senate voted on...

Former North Carolina Insurance Chief Goodwin to Seek Post Again in 2020

Nov 15 2019 // North Carolina’s insurance commissioner from 2009 through 2016 wants the job again.Democrat Wayne Goodwin announced Tuesday he’ll run for commissioner next year, setting up a potential rematch with current...

North Carolina Officials Vote to Reopen Island Damaged by Hurricane Dorian

Nov 15 2019 // County commissioners on the North Carolina coast have moved to reopen an island ravaged by Hurricane Dorian.Acting on a recommendation from the Ocracoke Control Group, the Hyde County Commissioners on Monday adopted the...

North Carolina High Court Keeps Blackbeard Ship Case Over Images Alive

Nov 13 2019 // A treasure hunter who accuses the state of North Carolina of misusing his images from Blackbeard’s flagship says he’ll ask for 10 times the damages he originally sought, now that a court ruling has come down in...

IAT Insurance Adds 8 Hanover Underwriters to Specialty Brokerage Unit in North Carolina

Nov 13 2019 // IAT Insurance Group, a provider of specialty property and casualty products, has hired a team of eight underwriters to its Specialty Brokerage division.All eight previously worked together at Hanover Insurance under Mark...

Farmers Hit by Hurricanes in Alabama, Florida, Georgia to Get $800M in Federal Aid

Nov 12 2019 // The federal government announced $800 million in aid Friday to farmers in three southern states that were devastated by last year’s hurricanes.Nearly half that money will go to Florida, where timber farmers suffered...

North Carolina-Based Jackson Sumner & Associates Names McNeil P&C Manager

Nov 12 2019 // Jackson Sumner & Associates (JSA) has promoted Kristel McNeil to the position of P&C Manager.McNeil first began with JSA in 1998 in support staff, and in 2001 moved into underwriting for the company. In 2006 she...

Swiss Re’s Kaplan Joins North Carolina-Based AmWINS Group

Nov 7 2019 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has named Alex Kaplan executive vice president for Alternative Risk.In his new role, Kaplan will lead a new strategy around the...

Insurance Investor Accused of North Carolina Political Bribery Taps Former FBI Director as Legal Counsel

Nov 5 2019 // Embattled insurance investor Greg E. Lindberg has retained Louis Freeh, former federal judge and FBI director, and his firm Freeh, Sporkin & Sullivan to examine and render advice regarding financial aspects of...

North Carolina House Advances $257M Hurricane Aid Bill

Nov 4 2019 // North Carolina legislators are aiming to locate more funds to help with the recovery from recent hurricanes, with an emphasis on lessening damages in future storms. The full House voted unanimously Wednesday night for a...

Munich Re’s Assennata Joins North Carolina-Based IAT Insurance Group

Nov 4 2019 // IAT Insurance Group, a provider of specialty property and casualty products, has added Steve Assennata to the company to serve as chief underwriting officer (CUO) of its Programs unit. The company is based in Raleigh,...

Several States Have Doubts About $48 Billion Opioid Settlement Offer

Oct 24 2019 // Several U.S. states that have been ravaged by the opioid epidemic are pushing back on a proposed $48 billion settlement framework that would resolve thousands of lawsuits against five drug companies accused of fueling the...

North Carolina Fines Utility, Subcontractors in Deadly Gas Explosion

Oct 23 2019 // The North Carolina Department of Labor has issued more than $21,000 in fines to three companies involved in a deadly natural gas explosion.News outlets report PSNC Energy and two subcontractors were cited for the April 10...

North Carolina Health System Alerts Customers to Data Breach

Oct 22 2019 // A health system that serves western North Carolina has contacted an undisclosed number of people about a data breach involving its e-commerce website.The Citizen-Times reports Mission Health said it recently...

4th Person Dies from North Carolina Legionnaires’ Disease Outbreak

Oct 21 2019 // North Carolina health officials say a fourth person has died from Legionnaires’ disease.The N.C. Department of Health and Human Resources said in a statement on Friday that its Division of Public Health has confirmed...

North Carolina to Create Program to Help Dorian Victims After FEMA Rejection

Oct 16 2019 // Gov. Roy Cooper aims to create a state-funded program to help residents in four North Carolina counties recover from Hurricane Dorian after the federal government declined a request for assistance targeting them. The...

CRC Group Hires Watson to Open CRC Office in Charlotte, North Carolina

Oct 14 2019 // CRC Group has hired Greg Watson as Office President for a new CRC office opening in Charlotte, North Carolina.Watson comes to CRC with more than 10 years of industry experience, where he began his career as a personal...