Latest North Carolina Headlines
All the headlines from our North Carolina Topic Page, ordered by recency.
North Carolina Farm Bureau to Raise Homeowners’ Rates, Drop Policies
Feb 27 2012 // North Carolina’s third largest homeowners insurer is looking to reduce its exposure in the state by increasing rates and rolling back its policyholder numbers, citing steep increases in reinsurance costs. The North...
Court Upholds 1998 Tobacco Deal, Denies North Carolina Firm’s Claims
Feb 24 2012 // The landmark 1998 national settlement between 46 states and 19 tobacco companies is valid and doesn’t amount to a conspiracy or anti-competitive behavior by the government, a federal appeals court ruled this...
North Carolina Says 2 Counties Must Buy Flood Insurance to Get Loan
Feb 24 2012 // North Carolina Gov. Beverly Perdue is making a no-interest state loan available to repair two schools and other public buildings in Tyrrell and Pamlico counties damaged during Hurricane Irene last August. Perdue authorized...
North Carolina Court Denies Damages in Wrongful Death of Dog
Feb 24 2012 // The North Carolina Court of Appeals has waded into a legal tussle over the wrongful death of a Jack Russell terrier. Nancy and Herb Shera of Wilmington sued North Carolina State University’s College of Veterinary...
North Carolina Wins Delay on Medical Loss Ratio
Feb 21 2012 // Federal regulators last week allowed North Carolina insurers a one-year delay in meeting a benchmark requiring that more of each health insurance premium dollar to go toward medical services and less toward overhead and...
North Carolina Continues Auto Insurance Deregulation Debate; Rates Stay Same for 2012
Feb 20 2012 // Auto insurers in North Carolina are once again divided over the prospect of changing how the state sets insurance rates with some insurers advocating for rate deregulation while others are supporting the status quo. The...
Business Moves
Feb 20 2012 // ISU Network The San Francisco, Calif.-based ISU Network had expansions in four states, Utah, North Carolina, Maryland and North Dakota. Three Utah agencies have joined ISU Network. ISU Service Insurance Agency in...
North Carolina Supreme Court Weighs ‘Reasonableness’ of Hospital Bills
Feb 15 2012 // North Carolina’s Supreme Court heard attorneys argue Monday whether consumers should be able to take hospitals to court to justify bills that seem excessive. The high court took up the case of Robert Talford, 68, of...
North Carolina Insurers Still Hoping for Medical Loss Ratio Waiver
Feb 13 2012 // The U.S. Department of Health and Human Services is going overtime as it decides whether to stick with federal standards that could mean $12 million in rebates for more than 58,000 North Carolina residents who buy their...
Northern California-based ISU Network Expands In Three States
Feb 9 2012 // The San Francisco, Calif.-based ISU Network on Thursday announced expansions in three states, North Carolina, Maryland and North Dakota. ISU’s North Carolina additions are: H. B. Cantrell & Co., O’Connor...
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Feb 7 2012 // Auto insurers in North Carolina are once again divided over the prospect of changing how the state sets insurance rates with some insurers advocating for rate deregulation while others are supporting the status quo. The...
Vet Gambled, Won in Starting Own North Carolina Agency
Jan 23 2012 // A recent study from the Small Business Administration suggests there is a strong correlation between self-employment and past military experience. Veterans are at least 45 percent more likely to start their own businesses...
North Carolina Farmers Hurt by Hurricane Irene Eligible for Federal Help
Jan 13 2012 // North Carolina farmers hurt by Hurricane Irene last August and by tornadoes in April can now get more help from the federal government with more loan options and payments to recover from crop losses. State officials...
Ascension Insurance Acquires Third North Carolina Agency
Jan 11 2012 // Ascension Insurance is expanding in North Carolina with its third agency acquisition in the state in the past three years. Ascension’s most recent acquisition is Falcone Williams Insurance, located in Huntersville,...
Republican Causey To Run for North Carolina Insurance Commissioner Post
Jan 11 2012 // A three-time candidate for North Carolina insurance commissioner said he’s running again for the job. Republican Mike Causey kicked off his campaign in Dare County to draw attention to challenges facing coastal...
North Carolina Cuts Dwelling Fire Rates
Jan 9 2012 // Residents in North Carolina will see a rate decrease for their dwelling fire coverage but no change in the cost of their dwelling extended coverage. North Carolina Insurance Commissioner Wayne Goodwin has ordered a...
Insurers Divided Over North Carolina Auto System
Jan 9 2012 // North Carolina legislators are once again examining the state’s car insurance rate-setting system as insurers themselves remain divided over whether changes are a good idea. Legislative proposals floated in 2011...
North Carolina Farm Bureau Weighs Cutback in Homeowners Policies
Dec 29 2011 // One of North Carolina’s largest homeowners’ insurers says it is considering canceling the coverage of up to 70,000 homeowners unless the state Legislature makes changes allowing it to charge higher rates. North...
North Carolina Professor Appeals Ruling Over Job Tenure
Dec 28 2011 // A professor who says her remarks about a Palestinian film cost her a job at North Carolina State University wants the state Supreme Court to review her case. Lawyers for Terri Ginsberg filed an appeal this month of a...
Insurers Divided Over North Carolina Auto Insurance System
Dec 27 2011 // Is it more important to keep overall car insurance premiums low, or to make sure everyone’s paying what they deserve? North Carolina legislators once again examining the unique rate-setting system for the...
