Latest North Carolina Headlines

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

North Carolina Agent Charged for Allegedly Embezzling Client’s Funds

Nov 5 2014 // A North Carolina insurance agent has been charged with embezzlement and obtaining property by false pretense, the state’s Department of Insurance announced. According to the department’s announcement on Oct....

Hilb Group Acquires North Carolina’s Lake Norman Benefits

Nov 4 2014 // The Hilb Group, LLC said it has acquired Lake Norman Benefits of Charlotte, North Carolina.Terms were not disclosed on the transaction that closed on Nov. 1. LNB will continue to operate at its current location under...

North Carolina Opens Hearing on Homeowners Rate Hike

Oct 22 2014 // North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowners’ coverage costs to rise by as much as 35 percent even as some insurers demand even higher rates in agreements with...

North Carolina Big ‘I’ Names Georgia’s Knight As CEO

Sep 30 2014 // The Independent Insurance Agents of North Carolina (IIANC) has named Aubie W. Knight as its new chief executive officer. Knight, currently CEO of a neighboring Big “I” association, the Independent Insurance...

North Carolina Claims Rep, Wife Accused of Insurance Fraud

Sep 18 2014 // North Carolina insurance officials have accused a Charlotte man of issuing what is described as unauthorized claim checks and funneling the money into his wife’s bank account.The N.C. Department of Insurance says...

North Carolina Touts Strong First Year with Captives

Sep 17 2014 // In less than a year since its captive-enabling legislation went into effect, North Carolina says it is making progress towards its goal of becoming a leading captive domicile.To date, the North Carolina Department of...

Lighthouse Insurance Expands Homeowners Program to North Carolina

Sep 9 2014 // Beginning in November 2014, Lighthouse Property Insurance Corp. will offer homeowners insurance and flood insurance throughout North Carolina.While Lighthouse will debut in the state with only homeowners and flood, it...

North Carolina Fraternity Hazing Lawsuit Dismissed

Aug 27 2014 // A lawsuit stemming from the death of a former High Point University student has been dismissed against all remaining plaintiffs.The High Point Enterprise reported the case was dismissed last week against Michael Qubein,...

N.C. Authorities Announce Arrests for Alleged Insurance Fraud Schemes

Aug 27 2014 // North Carolina Insurance Commissioner Wayne Goodwin announced this week charges stemming from two alleged insurance fraud schemes.Authorities said Eric Delano Smith was arrested on Aug. 20 and charged with five counts of...

North Carolina’s Towne Insurance Relocates Raleigh Office

Aug 21 2014 // Towne Insurance has relocated its Raleigh office to 4515 Falls of Neuse Road, Suite 300 in north Raleigh. Members of both the Stan Taylor Group and The Clement Companies, which joined Towne Insurance in 2011 and 2012...

North Carolina Lawmakers Approve Law Regulating Duke’s Coal Ash Dumps

Aug 21 2014 // State House and Senate leaders said this week that they have reached a compromise on legislation to make Duke Energy curb pollution from its 33 coal ash dumps across North Carolina.House Speaker Thom Tillis and Senate...

Brightway Insurance Adds Another Office in North Carolina

Aug 11 2014 // Brightway Insurance has expanded its its North Carolina presence with a new office in Cary. Greensboro native Mazin Ganim owns and operates the Brightway store in Cary. Prior to opening the Brightway store, Ganim worked...

Hurricane Arthur’s Insured Losses Below $250M: RMS

Aug 4 2014 // Insured losses from Hurricane Arthur will not exceed $250 million from wind and coastal flooding, catastrophe risk modeling firm RMS said.According to RMS, the expected loss covers damages to: Residential, commercial,...

North Carolina House, Senate At Odds Over Insurance Mandate in Moped Bill

Jul 27 2014 // The North Carolina House last week rejected a bill requiring insurance for moped drivers.The House voted 51-54 against concurring on a Senate version of a bill that would have required insurance and registration with the...

North Carolina’s Pittman Agency Joins Iroquois Group

Jul 24 2014 // The Dan Pittman Insurance Agency Inc. of Windsor, North Carolina, has joined The Iroquois Group network, according to Ann A. Harmon, agency principal, and Iroquois. The independent insurance agency joined Iroquois on July...

Insured Losses From Hurricane Arthur Below $250 Million: RMS

Jul 18 2014 // Insured losses from Hurricane Arthur will not exceed $250 million from wind and coastal flooding, catastrophe risk modeling firm RMS said.According to RMS, the expected loss covers damages to Residential, commercial,...

North Carolina Senate Approves Moped Insurance Bill

Jul 17 2014 // The North Carolina Senate has passed a bill which requires moped drivers to register their vehicles with the state and carry insurance. The vote was 36-11.It remains to seen if the House will go along. The House measure...

North Carolina Hearing on 25% Homeowners Hike Moved to October

Jul 17 2014 // North Carolina’s insurance commissioner has postponed until October a hearing into a request by homeowners insurance companies to raise rates by an average of 25 percent statewide.Commissioner Wayne Goodwin said the...

North Carolina Looks to Grow Captive Insurance with Amended Law

Jul 11 2014 // North Carolina Insurance Commissioner Wayne Goodwin said North Carolina is now an even more attractive home for captive insurance companies with the enactment of a law allowing new captive types and providing some...

Arthur Damage Assessments Underway in North Carolina

Jul 6 2014 // Hurricane Arthur made landfall before midnight on July 3 near Cape Lookout, North Carolina, as a Category 2 hurricane. Maximum sustained winds at landfall were 100 mph, according to the National Hurricane Center.State...