North Carolina auto insurers don’t know what, if any, rate increase they will be permitted but they know that it will not be as much as the 13 percent average increase they requested. The North Carolina Department of Insurance has …
Farmers, Zurich Small Business Truck Insurance Exchange, a unit of Farmers Insurance Group, reports it will purchase the rights to access renewals on Zurich North America Commercial’s Small Business Solutions (SBS) $800 million book of business. In addition, the management …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is offering …
McQueary Henry Bowles Troy hired Jimmy Balagia as senior vice president in the firm’s property and casualty group in Austin. Balagia has 30 years of experience as a property and casualty broker/consultant and outsourced risk manager. Prior to joining MHBT, …
The Hartford’s Chief Financial Officer David M. Johnson plans to step down later this year. He has served as the company’s top financial officer since 2001, and will remain in the position until a successor is found. Before coming to …
U.S. District Judge Stanwood Duval in the first quarter of 2008 dismissed a lawsuit against the U.S. Corps of Engineers over levee failures in New Orleans after Hurricane Katrina in 2005. Duval ruled the Corps had immunity from the lawsuit, …
The spreading out of cities’ residential, commercial, recreational and public spaces, otherwise known as urban sprawl, poses a special risk for teen drivers according to a new University of Virginia Health System study. Dr. Matthew Trowbridge, emergency medicine physician and …
Novato, Calif.-based Fireman’s Fund Insurance Co. announced it will offer new uninsured/underinsured liability protection as an endorsement to its Prestige Excess policy – personal liability coverage that protects the customer from damages they incur due to the wrongful acts of …
North Carolina Department of Insurance investigators made five arrests in several unrelated insurance fraud cases this month. Officials arrested Larry Drake of 508 E. 21st St., Lumberton, N.C., on March 6, and charged him with one count of embezzlement by …
An early morning fire on Sunday destroyed a building housing a museum and gift shop at Tweetsie Railroad. Blowing Rock firefighter Mark Lawrence said the building also housed a concession stand and a first aid area. Lawrence said the 1,300-square-foot …
