North Carolina News

Business Moves

Markel, Hiscox Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed, but the companies said it would close the transaction by October 1. The …

North Carolina: Water Damage to Homes Is 10 Times More Likely Than Fire

While fire may be a common worry among homeowners, claims data from Travelers suggests their homes could be as much as 10 times more likely to be damaged by water than by fire. Fortunately, much of this water-related damage can …

It Figures

23 The age of the person, Aylin Hernandez of Miami, charged with stealing payments intended for Citizens Property Insurance Corp. If convicted, Hernandez faces up to 45 years behind bars. Investigators allege that Hernandez created her own corporation named Citizens …

Declarations

Everyone Makes Mistakes “Everyone makes mistakes, even insurance companies. That’s why the Department of Insurance is here — we work every day to find these kinds of mistakes, make sure companies fix them, and protect consumers across North Carolina from …

Homeowners’ Madoff Claims Not Covered Under AIG Policy: Judge

American International Group Inc. need not make payments to some former Bernard Madoff clients who said their homeowner insurance policies entitled them to coverage for alleged losses, a judge ruled. Two California residents, Robert and Harlene Horowitz, had alleged $8.5 …

Michigan Young Agents Earn ‘Outstanding’ Award from Big ‘I’

The National Young Agents Committee (YAC) of the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) presented its Outstanding Young Agents Committee of the Year for 2010 award to the Young Agents Council of the Michigan …

Nicole Kills 12 in Jamaica; Remnants Drench East Coast

The remains of Tropical Storm Nicole battered the U.S. Atlantic Coast like a hurricane as it moved from the Carolinas to New England on Friday. Nicole was a minimal tropical storm for just six hours Wednesday, but the broad, ragged …

North Carolina Repair Shop Owner, Customer Charged with Fraud

A North Carolina automobile repair shop owner and one of his customers have been arrested and charged with insurance fraud. State officials report that John Marvin Smith, III, of Robersonville, and Fronzie Griffin, of Williamston, have both been charged with …

San Diego, San Jose Lead in Number of Drunk Drivers

San Diego and San Jose lead the nation in the ranking of major metropolitan U.S. cities with the largest percentage of drivers with alcohol-related driving convictions. Data provided by Insurance.com indicates California has long been the epicenter for drunk driving, …

North Carolinian Wins Insurance Customer Service Rep Honor

Kelly S. Whitener, commercial account manager for Senn Dunn Insurance in Greensboro, North Carolina, has won the 2010 National Outstanding Customer Service Representative (CSR) of the Year Award. The Society of Certified Insurance Service Representatives (CISR) and the Society of …