Latest North Carolina Headlines

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

Insurtech CoverHound Raises $58 Million to Drive Cyber Unit, Open North Carolina Office

Feb 5 2019 // Digital property/casualty insurance platform CoverHound announced it has raised a $58 million Series D funding round. Global specialist insurer Hiscox led the round, along with additional investors including Chubb, Aflac...

North Carolina Auto Insurers Request 7.6% Rate Increase

Feb 5 2019 // The annual auto insurance filing from the North Carolina Rate Bureau to the North Carolina Department of Insurance calls for an overall statewide average increase of 7.6 percent, according to a statement from Insurance...

Federal Disaster Declaration Issued for North Carolina for Michael Damage

Feb 5 2019 // President Donald Trump has approved a major disaster declaration for North Carolina to provide for federal assistance to areas impacted by Tropical Storm Michael last fall. The declaration was announced in a news release...

Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, Distracted Driving

Jan 29 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...

Shutdown Delays Disaster Relief for Some North Carolina Farmers

Jan 25 2019 // The federal government shutdown is delaying disaster relief for some North Carolina farmers. The Fayetteville Observer reported last week the shutdown has mostly closed the federal Farm Service Agency responsible for a...

Jury Awards $7M to North Carolina Trooper, Wife in Greyhound Bus Accident Suit

Jan 25 2019 // A federal jury has awarded $7 million in damages to a North Carolina trooper and his wife for when a passenger bus plowed into the trooper’s sport-utility vehicle as he responded to an Interstate 40 accident. Court...

Barrier Collapse at North Carolina Construction Site Kills 1

Jan 24 2019 // Authorities in North Carolina say one person is dead and two people are hurt after a barrier collapsed at a construction site.News outlets report the N.C. Department of Labor said the accident occurred Tuesday at a site...

People

Jan 21 2019 // John Doyle, president and CEO of global insurance broker Marsh, announced the appointments of key leaders for regional, specialty and placement teams worldwide that will be effective upon closing of the acquisition by...

North Carolina Businesses Without Workers’ Comp Coverage Fined $3.2M

Jan 17 2019 // The North Carolina Industrial Commission’s Compliance and Fraud Investigative Division collected more than $3.2 million in penalties and issued 289 criminal charges at the end of the first two quarters of Fiscal Year...

Feds Fine North Carolina Restaurant Over Wage, Child Labor Law Violations

Jan 16 2019 // A North Carolina restaurant has been fined by federal officials who say it violated minimum wage and child labor laws. The U.S. Department of Labor announced in a news release that Max’s Pizza in Surf City was fined...

North Carolina Gov. Declares Emergency to Deal with Power Outages

Jan 15 2019 // Utility crews worked late into Sunday to restore power to western North Carolina residents and businesses that lost electricity due to freezing rain and sleet this weekend.Duke Energy and electric cooperatives reported...

Freezing Rain Causes Power Outages for 140K Residents in North Carolina

Jan 14 2019 // Freezing rain and sleet this weekend knocked out power to northwestern North Carolina residents and businesses. Duke Energy reports roughly 140,000 customers in the region were without electricity Sunday morning, with more...

Massive Operation to Slow Dune Migration Underway in North Carolina’s Outer Banks

Jan 11 2019 // North Carolina park officials on the Outer Banks are working to slow the pace of a massive sand dune that’s slowly being pushed each year by winds. The Virginian-Pilot reports that the dune known as Jockey’s...

String of Robberies in North Carolina City Under Investigation

Jan 8 2019 // Police in a North Carolina city are investigating a series of robberies at restaurants or other businesses. Late Saturday night, Greensboro police said a man with a gun robbed cash from a Dunkin Donuts and fled. About an...

Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, and Distracted Driving

Jan 7 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...

3 Reasons Recovery from Hurricane Florence is Different from Hurricane Michael

Jan 7 2019 // Lessons from Past Storms and Economic Changes Suggest Rebuilding Efforts After Florence Will Be ArduousAs the saying goes – location is everything. Following the two largest U.S. hurricanes this year, Hurricane...

Animal Advocates Speak Out After Lion Kills Intern at North Carolina Zoo

Jan 2 2019 // The fatal mauling of a zoo intern by a lion that escaped from a locked pen illustrates the need for North Carolina regulators to crack down on unaccredited exhibitors of dangerous animals, animal welfare advocates said...

Insurance Journal Southeast’s Top Stories for 2018: Fraud, Hurricanes, Data Security Law

Dec 31 2018 // It was a busy year in the Southeast with two major hurricanes that wreaked havoc on the region, an escalating insurance crisis in Florida, and a new industry-specific cybersecurity law in South Carolina that takes effect...

North Carolina Rate Bureau Requests 17.4% Rate Hike for Homeowners’ Policies

Dec 27 2018 // The North Carolina Rate Bureau (NCRB) has requested a 17.4 percent increase in homeowners’ insurance rates from the North Carolina Department of Insurance, effective Oct. 1, 2019.According to the NCDOI, the NCRB...

Appeals Court Upholds $6M Libel Ruling Against North Carolina Newspaper

Dec 21 2018 // An appeals court has upheld a libel ruling against a North Carolina newspaper that resulted in a $6 million award for a firearms expert whose work was questioned in articles.The North Carolina Court of Appeals ruled...