North Carolina News

N.C. Man Enters Plea Agreement on Insurance Fraud Charge

West Virginia Insurance Commissioner, Jane L. Cline, announced today that Nathan James Sigmon pleaded guilty last week to one felony count of conspiracy to commit insurance fraud. Sigmon, age 24 of Newton, N.C., was indicted on the felony insurance charge …

Wells Fargo Insurance Names Managing Director of N.C. Operations

Wells Fargo Insurance Services selected Steve Smith senior vice president, managing director of its North Carolina operations. Prior to joining Wells Fargo in 2006, Smith held leadership positions with CNA Financial, The Hartford and Sun Life Financial. Most recently he …

S.C. Beaches in Good Shape, Some Structures in Path of Danger

South Carolina’s beaches overall are well prepared to withstand the winds and waves of this year’s hurricane season, but there are a few spots along the coast to worry about, a state official said. “Looking at the entire state, we’re …

Insurer’s Civil Suit Warning Halts Probe of N.C. Lacrosse Rape Case

A special committee probing the Durham, N.C. Police Department’s handing of the Duke lacrosse rape case has stopped its work because the city’s liability insurance provider warned that findings could provide material for civil lawsuits. A statement released Monday by …

Fire Damages 50 Businesses in N.C. Town; Disaster Declared

Federal officials declared Spruce Pine, N.C. a disaster area based on a request Gov. Mike Easley made shortly after a fire destroyed parts of downtown. The governor’s office said more than 50 businesses were affected by fires that began in …

Benson, N.C., Resident Arrested on Insurance Fraud Charges

North Carolina Officials arrested and charged a Benson man with fraudulently burning a dwelling, burning personal property and obtaining property by false pretense. Franklin Lee Hollis, 68, of 3394 Woods Crossroads Rd., was processed at the Harnett County Jail and …

Berkley Names Standen President of Workers’ Comp Writer Key Risk

W. R. Berkley Corp. in Greenwich, Conn. has named Robert W. Standen president of Key Risk Insurance Co. and its affiliate, Key Risk Management Services, Inc., both based in Greensboro, North Carolina. Key Risk sells workers’ compensation insurance products and …

Liberty Mutual Realigns Agency Companies to Welcome Ohio Casualty

Boston-based Liberty Mutual Group finalized its acquisition of Ohio Casualty Corp. on Friday, Aug. 24, 2007 and immediately announced a realignment of its $5.9 billion net premium regional agency company organization to make room for Ohio Casualty and its $1.4 …

N.C. Gov. Seeks Federal Disaster Aid for Drought Stricken Farmers

N.C. Gov. Mike Easley said he will ask the U.S. Secretary of Agriculture for a federal disaster declaration for farmers whose crops and livestock are suffering from the ongoing drought. The N.C. Department of Agriculture and Consumer Services and the …

Alabama to Conduct Three-Year Study of School Bus Seat Belts

Students now starting kindergarten will be in the third grade when a state task force created after a deadly school bus wreck in Huntsville wraps up a study on whether Alabama school buses should have seat belts. The panel voted …