Latest North Carolina Headlines
All the headlines from our North Carolina Topic Page, ordered by recency.
NC Captive Feud: Sherbrooke Says Managers Took Funds, Stole Risk-Gauging Software
May 22 2024 // North Carolina regulators last month announced that the state is now the third-largest domicile for captive insurance companies with more than 311 captive firms in the state, thanks in part to favorable premium tax rates,...
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May 20 2024 // California Workers’ Comp Program Market Detail: The FIVE100 Program is provided by CAWorkersCompensationInsurance.com. The workers’ comp program includes five unique dividend plans offering up to 40% return...
Lindberg Convicted in Second Trial on Attempting to Bribe NC Insurance Commissioner
May 16 2024 // A federal jury on Wednesday convicted Greg Lindberg, who once controlled two life insurance companies, a reinsurance company and multiple other businesses, and his co-defendant John Gray, of attempting to bribe the North...
Tornadoes in Tennessee, North Carolina Kill Three, Damage Properties
May 9 2024 // High winds, hail, heavy rain and tornadoes battered Southern states from Alabama to North Carolina Wednesday and Thursday morning, leaving three people dead and hundreds of properties with heavy damage. USA Today, CNN and...
NC News Chopper Crash Likely Caused by Shaky Inspections, Loose Parts, NTSB Finds
May 6 2024 // CHARLOTTE, N.C. (AP) — Investigators found disconnected and missing hardware aboard a helicopter that crashed in 2022, killing the pilot and a North Carolina television station’s meteorologist, according to the...
NC Agent, Missouri Lawyers Convicted in $4M Tax Shelter, Insurance Scheme
Apr 26 2024 // A federal jury on Thursday found a North Carolina insurance agent and two Missouri lawyers guilty on all counts in a $4 million tax evasion scheme that also defrauded an insurance carrier. The jury in Charlotte, said...
Former Congressman Charged After Collision with State Trooper in Florida
Apr 19 2024 // A former Congressman from North Carolina may soon be facing higher auto insurance premiums after he slammed into the back of a Florida state trooper’s patrol car on Interstate 75 near Naples. Madison Cawthorn, 28,...
NC Governor’s Pandemic Rules for Bar Closures Were ‘Illogical’ Court Says
Apr 18 2024 // RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper’s orders during the COVID-19 pandemic that directed standalone bars to remain shuttered for safety while restaurants that serve alcohol got to reopen were...
North Carolina Adjuster and Son Charged With Embezzlement in Roof Jobs
Apr 18 2024 // A North Carolina mother and son adjusting and contracting team are scheduled to appear in court next month on charges of scamming more than $20,600. Both have been charged with similar offenses in the last two years, the...
NC Rate Bureau Wants 83% Elevation in Mobile Home Fire Rates
Apr 17 2024 // The North Carolina Rate Bureau has requested an 83% average rate increase for mobile home fire policies and a 50% jump for mobile home casualty policies over the next three years. The MH-F increase request is 24.9% for...
King Acquires Dave Alton Agency in North Carolina
Apr 16 2024 // King Insurance Partners, considered one of the fastest-growing U.S. brokerages, has added another producer to its lineup: The Dave Alton Agency, with offices in Greenville, Plymouth and Washington, North Carolina. The...
NC Body Shop Owner Charged With Using Used Parts, Billing for New
Apr 2 2024 // A North Carolina body shop owner has been charged with fraud in connection with the use of used auto parts, instead of new parts that the insurer had paid for. The state Insurance Commissioner’s office said in a...
Update: NC High Court Strikes Down Compensability of Weight-Loss Surgery
Mar 27 2024 // The North Carolina Supreme Court has undone rulings by an appeals court and the state’s Industrial Commission that had granted workers’ compensation insurance payments for a woman’s weight-loss...
Stacking Cracks: 30 Years of UIM Coverage Rules Are Wrong, NC Supreme Court Says
Mar 26 2024 // North Carolinians can no longer stack underinsured motorist policies to compare to liability limits in order to boost the amount of coverage in an accident, the state Supreme Court said last week in a decision that...
North Carolina Labor Chief Rejects Infectious Disease Rules for Workplaces
Mar 19 2024 // RALEIGH, N.C. (AP) — North Carolina’s elected labor commissioner has declined to adopt rules sought by worker and civil rights groups that would have set safety and masking directives in workplaces for future...
Moonlighting Cop Not Independent Contractor? NC Supreme Court Says Hold on
Mar 14 2024 // The North Carolina Supreme Court has temporarily put the brakes on an appeals court decision that had upset years of workers’ compensation case law on when a moonlighting law officer is considered an independent...
Causey Wins Primary for NC Commissioner. Democrat Blasts Him for Hearing Delay
Mar 8 2024 // North Carolina Insurance Commissioner Mike Causey easily won the Republican primary for reelection to the post this week, but the Democratic nominee wasted little time in blasting Causey for postponing a rate...
NC Appeals Court Gives Green Light to Liquidation of Lindberg Insurance Firms
Mar 6 2024 // Former North Carolina insurance and business mogul Greg Lindberg has lost an appeal on whether one of his companies can delay the liquidation of two of his troubled life insurance carriers. North Carolina Insurance Mike...
People Moves: Alabama, NC DOIs Name Two to Key Positions
Feb 28 2024 // Two state insurance departments have named new people to high-level positions. North Carolina Insurance Commissioner Mike Causey this week announced that Amy Funderburk, a longtime attorney for a number of state government...
Signers National, Acrisure Mark Expansions in Southeast
Feb 27 2024 // Signers National, the New York-based parent of several insurance companies, said it has acquired Ballantyne Insurance Group in Charlotte, North Carolina. Ballantyne specializes in coverage for human service organizations....
