North Carolina News

My New Markets

Vacation Income Property (VIP) Nuts & Bolts: Middle Oak is offering insurance designed exclusively for vacation income property. What is covered: homes, condos, short term or year round rentals, owner use, two nights, seasonal etc. In the name of a …

Editor’s Note: Credit score concern

Debate on insurers’ use of credit scores in automobile underwriting and rating is heating up again, thanks to the Federal Trade Commission’s recently released, long awaited study, “Credit-Based Insurance Scores: Impacts on Consumers of Automobile Insurance.” Insurers overall felt vindicated, …

Ranking State Road

1. North Dakota 2. South Carolina 3. Kansas 4. New Mexico 5. Montana 6. Georgia 7. Wyoming 8. Oregon 9. Nevada 10. Idaho 11. South Dakota 12. Kentucky 13. Minnesota 14. Indiana 15. Texas 16. Ohio 17. Missouri 18. Virginia …

Editor’s Note: Credit score debate heats up

The Federal Trade Commission’s long awaited study, “Credit-Based Insurance Scores: Impacts on Consumers of Automobile Insurance” was recently released and as expected, heated up the debate on insurers’ use of credit scores in automobile underwriting and rating. Insurers overall felt …

Credit score concern

Debate on insurers’ use of credit scores in automobile underwriting and rating is heating up again, thanks to the Federal Trade Commission’s recently released, long awaited study, “Credit-Based Insurance Scores: Impacts on Consumers of Automobile Insurance.” Insurers overall felt vindicated, …

People

The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on Sept. 4. PCI represents more than 1,000 …

Declarations

More on scores “The growing use of credit-based insurance scores affects millions of consumers. We look forward to hearing from a range of perspectives including state insurance regulators, consumer advocacy groups and industry on this important issue.” — U.S. Representative …

News Currents

Report: N.D. has the best roads, Kansas ranks 3rd Nearly 52 percent of U.S. urban interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual …

People and Places

The Property Casualty Insurers Association of America has named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson takes over the reins of PCI on Sept. 4. PCI represents more than …

My New Markets

Coin Laundry and Dry Cleaners Nuts & Bolts: Gridiron Insurance Underwriters Inc. is offering a program especially designed for coin laundries and dry cleaners, and similar type risks. 24-hour coin laundries are eligible. Laundry routes at apartment buildings are not …