North Carolina News

My New Markets

Mortgage Company E&O/Fidelity Bond Nuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime bond, mortgage impairment and employment practices liability. Dollars: $300,000 to $5 million. Carrier: …

My New Markets

Mortgage Company E&O/Fidelity Bond Nuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime bond, mortgage impairment and employment practices liability. Dollars: $300,000 to $5 million. Carrier: …

My New Markets

Earthquake Nuts and Bolts: Wholesale Connection Insurance Services, located in Woodland Hills, Calif., added a new carrier to its list of Earthquake markets in California. Dollars: Capacity in zones A, B and E is $2,500,000 for primary and $5 million …

New Markets

My New Markets Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and “Sym 1” is available on fleets of …

My New Markets

Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and “Sym 1” is available on fleets of more than five. …

People and Places

Insurance broker Marsh Inc. has appointed Rob McGinnis as the leader of its U.S. Consumer Business, which includes the U.S. operations of the firm’s Affinity, Program, and Private Client Services businesses. Previously, McGinnis was president and chief executive officer, Life …

N.C. Insurance Pool for Chronically Ill Gets Initial House Approval

North Carolina would create a special health insurance pool for thousands of chronically ill people who are uninsured or can’t afford coverage in a bill tentatively approved by the House this week. The measure would create a pool to allow …

Report: N.C. Kids Suffer from Unsafe Homes

Unsafe housing in North Carolina is leaving children with myriad injuries, including broken limbs from falling through rotten floors and asthma from breathing air contaminated by roach and ant droppings, according to a new report. N.C. Housing Coalition, an advocacy …

United Heritage Acquires N.C.’s Alliance Mutual Insurance

Alliance Mutual Insurance Company, headquartered in Greensboro, N.C., and United Heritage Financial Group, Inc., based in Meridian, Idaho, have reached a preliminary agreement under which United Heritage will acquire Alliance. Alliance, founded in 1976, is a provider of property and …

Main Street America Rolls Out Multivariate Personal Lines Rating

The Main Street America Group announced today the launch of its Personal Auto MVP (multivariate program), a rating program designed to provide greater pricing flexibility for the super regional property-casualty insurance carrier’s new personal auto policies. Personal Auto MVP has …