Latest North Carolina Headlines
All the headlines from our North Carolina Topic Page, ordered by recency.
North Carolina Rate Bureau Wants 43% Hike in Dwelling Rates for 2023-24
Aug 23 2022 // The North Carolina Rate Bureau has recommended a statewide average increase of 42.6% over the next two years for dwelling property policies. The rate hikes would be an average of 19.6% for April 2023 and 19.2% for 2024,...
SURE Expands Offerings in Storm-Prone North Carolina
Aug 18 2022 // SURE, a member-owned insurance company for coastal homeowners, has expanded to North Carolina, a market that continues to harden. The coverage will be underwritten by SageSure, the managing general underwriter for SURE,...
North Carolina Raises Limit on Aid for Lindberg Firms’ Policyholders
Aug 3 2022 // Policyholders with three insurance companies once owned by billionaire Greg Lindberg and who have as much as $50,000 in the bank may now qualify for financial hardship payments, the North Carolina insurance commissioner...
North Carolina Agency to Test Soil and Water at Fertilizer Plant Explosion Site
Jul 26 2022 // A North Carolina environmental agency has approved a plan to test the soil and groundwater for contamination at the site of a massive fertilizer-plant fire in January. Montrose Engineering and Geology laid out its plans in...
Lindberg Released from Prison After Winning New Trial in North Carolina
Jul 20 2022 // A North Carolina-based insurance magnate whose convictions on corruption-related counts were overturned by a federal appeals court has been released from prison. Greg Lindberg was let out of a minimum-security prison in...
Court Orders New Trial for Insurance Exec Convicted of Bribing North Carolina Insurance Commissioner
Jul 18 2022 // It may seem a minor point to some, but it’s fundamental to the American system of justice, advocates said: It’s up to a jury – not a judge – to decide what is considered an “official...
Woman Killed When Van Accelerates into Runners at North Carolina Race
Jul 13 2022 // A woman was killed and at least three people were injured when a van ferrying people to a runners’ race in North Carolina crashed into a crowd, authorities said. The N.C. State Highway Patrol said Friday that race...
North Carolina Appeals Court Overturns COVID Coverage Ruling Against Insurer
Jul 7 2022 // A North Carolina appellate court has overturned a rare win by businesses seeking to compel insurance coverage for their COVID-19 shutdown losses. In North State Deli et al vs. The Cincinnati Insurance Co., a three-judge...
North Carolina Assembly Sends Rental Home Elevator Safety Bill to Governor
Jul 1 2022 // Safety improvement requirements to prevent injury or death from elevators inside North Carolina vacation cottages and short-term rentals received final legislative approval on Wednesday. The House voted unanimously to...
Court Orders New Trial for Insurance Exec Convicted of Bribing NC Commissioner
Jun 30 2022 // It may seem a minor point to some, but it’s fundamental to the American system of justice, advocates said: It’s up to a jury – not a judge – to decide what is considered an “official act” by a...
Is Hyperbaric Therapy a Fire Risk? North Carolina Authorities Say It Is
Jun 28 2022 // The Raleigh, North Carolina, Fire Department has ordered a wellness company to stop offering an oxygen-rich hyperbaric therapy treatment because of the fire risk. Officials with Restore Hyper Wellness tell the Raleigh News...
‘Weston’s Law’ Elevator Upgrade to NC Cottages Close to Approval
Jun 24 2022 // A safety mandate to reduce or eliminate space between elevator doors and landing doors inside North Carolina vacation cottages and other short-term rentals needs one more affirmative vote to receive final General Assembly...
NC High Court Restores Verdict Against Health Care Co. in Home Invasion
Jun 21 2022 // An elderly couple who survived a home invasion robbery plotted by an employee of a home health care business that they’d hired to care for them is entitled to the $750,000 that a jury awarded to them because of the...
North Carolina Governor Signs Law Waiving Premium Taxes for Relocating Captives
Jun 17 2022 // The battle for the captives continues. Not long after Tennessee regulators this year bragged about the number of captive insurers domiciled in the state, the jurisdiction next door has taken steps to encourage more...
North Carolina Brush Fire Ignites Fireworks, Killing One, Injuring Three Firefighters
Jun 13 2022 // A brush fire on a North Carolina farm caused fireworks to explode inside a container where they were stored, killing one person and injuring three firefighters Friday, authorities said. Lenoir County Emergency Services...
North Carolina Asbestos Suit vs. Ford, Other Parts Makers Moves Ahead
Jun 10 2022 // A federal lawsuit against Ford Motor Co. and other manufacturers of auto parts that contained asbestos is proceeding, after a judge in North Carolina rejected arguments that a mechanic should have known of the dangers of...
People Moves: New Faces at Hub and at North Carolina Industrial Commission
Jun 9 2022 // Hub International, a global insurance broker, has named Mark Bowron senior vice president and chief marketing officer for the Carolinas, Hub announced. Bowron, a licensed property and casualty advisor, was previously the...
7.9% Average Rate Increase for North Carolina Homeowners Kicks in This Week
Jun 3 2022 // Starting this week, North Carolina homeowners will see insurance premiums rise by an average of almost 8% for new and renewing policies, after a negotiated rate increase took effect June 1. The North Carolina Rate Bureau...
One80 Intermediaries Buys VFIS of North Carolina
Jun 2 2022 // One80 Intermediaries, a wholesale insurance broker, has agreed to acquire VFIS of North Carolina, part of a firm that provides coverage for fire departments and rescue squads. VFIS began in 1969 as Volunteer...
North Carolina Unveils Flood-Warning System for Roads
May 27 2022 // The North Carolina Department of Transportation has armed itself with an advanced flood-warning system designed to help pass the word to motorists on any flood risks to roads, bridges and culverts. A news release from the...
