Latest North Carolina Headlines
All the headlines from our North Carolina Topic Page, ordered by recency.
North Carolina Governor Says He Had No Role in $100M Offer for MetLife Move
Mar 14 2013 // Gov. Pat McCrory said this week he had no role in a deal partly brokered by his former employer that promised MetLife Inc. about $100 million in potential tax breaks and other incentives to move thousands of jobs to North...
Feds Bust $100M North Carolina Crop Insurance Fraud Scheme
Mar 13 2013 // Federal investigators have unraveled a massive scheme among dozens of insurance agents, claims adjusters, brokers and farmers in eastern North Carolina to steal at least $100 million from the government-backed program that...
Breaking Up North Carolina’s Auto Insurance Cartel
Mar 12 2013 // Legislation to break up North Carolina’s rate bureau cartel and bring the state’s auto insurance market into the 21st Century has now been introduced in both houses of the General Assembly. This past week, Rep....
MetLife Moving 2,600 Jobs to North Carolina from Northeast, California
Mar 11 2013 // Insurance giant MetLife Inc. said last week that it will move 2,600 jobs from offices in four Northeast states and California to lower-cost locations in two North Carolina cities, while also getting tax breaks and other...
North Carolina Auditor Hits Lax Workers’ Comp Enforcement
Mar 11 2013 // The North Carolina agency that rules on compensation for workplace injuries does a poor job of making sure companies carry insurance as they are required to do under law, according to the state’s government...
North Carolina Approves 7% Home Insurance Rate Increase
Mar 7 2013 // North Carolina’s top state insurance regulator has signed an agreement allowing companies to raise homeowner’s insurance policies by a statewide average of 7 percent a year starting in July. Insurance...
North Carolina’s Goodwin: Home, Auto, Health and More…
Feb 25 2013 // Interview with Recently Re-Elected Insurance Commissioner Recently re-elected North Carolina Insurance Commissioner Wayne Goodwin is more focused on reform of the homeowners insurance market than he is on auto insurance....
North Carolina Fails to Enforce Workers’ Compensation Mandate: Auditor
Feb 21 2013 // The state agency that decides how thousands of people are compensated for workplace injuries does a poor job of making sure companies obey a law requiring them to carry insurance, the state’s internal government...
Digital Insurance Buys North Carolina Benefit Broker BSD
Feb 20 2013 // Atlanta-based benefits broker Digital Insurance has acquired Benefit Services & Design (BSD) of Raleigh, North Carolina. The 30-year-old BSD has been merged with the Raleigh office of Digital Benefit Advisors (DBA), a...
North Carolina Cuts Unemployment Benefits
Feb 20 2013 // North Carolina Governor Pat McCrory on Tuesday signed into law a measure that will cut benefits for jobless workers by about one-third and reduce how long they can collect any aid in a state with the fifth-highest...
North Carolina Agent, Farmer Sentenced for Crop Insurance Fraud
Feb 18 2013 // Two North Carolina men have been sentenced for their roles in a massive crop insurance fraud. A federal judge last Wednesday sentenced insurance agent William Larry Rogers to 9 years in prison for conspiring to make false...
North Carolina Gov. McCrory Opposes State Run Health Exchange
Feb 13 2013 // North Carolina Gov. Pat McCrory said he does not think the state is ready to run health exchanges called for in the federal Affordable Care Act. McCrory’s office issued a statement saying the governor had reviewed...
Exclusive Interview: North Carolina Commissioner Goodwin on Home, Auto Markets
Feb 7 2013 // Recently re-elected North Carolina Insurance Commissioner Wayne Goodwin is more focused on reform of the state’s homeowners insurance market than he is on auto insurance. As was the case four years ago when he first...
North Carolina Man Jailed After 9th DWI Charge
Feb 7 2013 // Authorities in North Carolina’s Gaston County man said a man convicted seven times for driving while impaired is in jail for a ninth charge of drunken driving. The Gaston Gazette reported that a District Court judge...
North Carolina Lawmakers Move to Halt State’s Health Exchange
Feb 1 2013 // North Carolina’s General Assembly is freezing any state work on a new one-stop shop to help people buy affordable health insurance and ordering unspent federal funds returned. Senate and House lawmakers this week...
North Carolina Cites $26M in Consumer Recoveries in 2012
Jan 31 2013 // North Carolina’s Insurance Commissioner Wayne Goodwin announced that the state’s insurance department saved or recovered more than $26 million for North Carolinians in 2012. “The Department of Insurance...
Insurance Manager Sentenced for $730K Fraud in North Carolina
Jan 31 2013 // Authorities announced that a Charlotte, N.C., woman was sentenced to 41 months in prison, to be followed by three years of supervised release, for carrying out a six-year mail fraud scheme against her employer. The...
IronHealth, Medical Mutual Launch Hybrid Medical PL Policy for Hospitals in N.C.
Jan 28 2013 // IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced IronMed NC, a hybrid medical professional liability product that will be available through a partnership with Medical Mutual Insurance Company...
Lake Norman Buys Aquesta Insurance’s Employee Benefits Unit in N.C.
Jan 14 2013 // Mooresville, N.C.-based Lake Norman Benefits has acquired the employee benefits practice unit from Aquesta Bank and its subsidiary Aquesta Insurance Agency Inc., based in Cornelius, N.C. Aquesta Insurance is an independent...
2013 Insurance Industry Meetings & Conventions Directory
Jan 14 2013 // JANUARY P/C Insurance Joint Industry Forum Jan 15 Waldorf Astoria Hotel, New York, NY Insurance Information Institute www.iii.org 2013 Big ‘I’ Winter Meeting Jan 16-20 The Westin Mission Hills Resort & Spa,...
