Latest North Carolina Headlines
All the headlines from our North Carolina Topic Page, ordered by recency.
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...
Police Say City Employee Targeted Co-Worker in Deadly North Carolina Shooting
Dec 24 2019 // A deadly shooting at a city building in Winston-Salem, North Carolina was an act of “workplace violence” by one city employee who targeted a co-worker he’d disliked for a long time, police said...
Independent Insurance Agent Group Rep Calling Attention to Climate Change Dangers
Dec 19 2019 // A representative for an independent insurance agent group in one state has penned an opinion column calling attention to the dangers posed by climate change. “Going forward, our state remains vulnerable to the...
W.R. Berkley Corp. Forms Captive Insurer in North Carolina
Dec 18 2019 // W.R. Berkley Corporation has formed Oak Harbor Reinsurance Co. (Oak Harbor Re), a protected cell captive insurance company, which was licensed by the N.C. Department of Insurance on Nov. 25. According to the North Carolina...
Can Historic Towns Along Southeast Coast Endure Sea Rise?
Dec 12 2019 // Historic cities and towns along the Southeastern U.S. coast have survived wars, hurricanes, disease outbreaks and other calamities, but now that sea levels are creeping up with no sign of stopping, they face a more...
Woman Sues North Carolina Nursing School for Harassment in ‘Time’s Up’ Case
Dec 6 2019 // A woman who says she was kicked out of a North Carolina nursing school a month before graduation in retaliation for accusing a supervisor of sexual harassment is suing in a case supported by the Time’s Up movement...
Health Department Links Salmonella Outbreak to North Carolina Restaurant
Nov 26 2019 // Health officials say a barbeque restaurant in North Carolina may have sickened about a dozen people with salmonella. A press release from the Nash County Health Department says the operating permit for Doug Saul’s...
Study Says Medical Payments Per Workers’ Comp Claim Decreased in North Carolina
Nov 22 2019 // Medical payments per claim in North Carolina decreased five to seven percent per year since 2014, according to a recent study by the Workers Compensation Research Institute (WCRI). These decreases likely reflect fee...
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...
