North Carolina News

People

The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are for one year. International Insurance Relations Committee: Chair Diane Koken, commissioner, Pennsylvania Insurance Department, and Vice Chair Dorelisse Juarbe Jiminez, commissioner, …

New Markets

Hospitality Program Nuts & Bolts: Underwriters at PLIS are offering The Hospitality program, written on Lloyd’s paper covering named perils ranging from Aeromonas hydrophila to Yersinia enterocolotica. The policy has the benefit of: a “trade name trigger;” up to 25 …

Congress gets bipartisan bills to repeal insurance antitrust immunity

News Currents Sen. Patrick Leahy, D-Vt., chairman of the Judiciary Committee, joined with Senate Democratic and Republican leaders earlier this month to introduce a bipartisan bill that would strip the insurance industry of its limited antitrust exemption. Leahy introduced the …

N.C. Woman Arrested on Charges of Embezzling Insurance Premiums

Margaret Corey Humphrey, 49, of Kinston, N.C., was arrested on two charges of obtaining property by false pretense and three charges of embezzlement by an insurance agent. Humphrey, who officials said has surrendered her insurance agent license, is accused of …

Hope Mills, N.C. Woman Arrested for Insurance Fraud

North Carolin officials arrested Richelle E. Jones, 23, of Hope Mills last week and charged her with one count of obtaining property by false pretense and one charge of attempting to obtain property by false pretense after Department of Insurance …

Smart Choice University Formed; Quinn Named Director

The Smart Choice Agents Program, which currently serves more than 2,300 independent agencies across the country, has announced the formation of Smart Choice University and the selection of Mary Quinn as its first Director of Education. Smart Choice University will …

Senate, House Get Bipartisan Bills to Repeal Insurance Antitrust Immunity

Senator Patrick Leahy (D-Vt.), chairman of the Judiciary Committee, joined with Senate Democratic and Republican leaders this week to introduce a bipartisan bill that would strip the insurance industry of its limited antitrust exemption. Leahy introduced the Insurance Industry Competition …

New Markets

Trucking Nuts & Bolts: AIX Group, Inc., a specialty insurance holding company, has formed a program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss experience and fleets between …

N.C. Resident Arrested, Accused of Defrauding State Farm

Charged with five counts of obtaining property by false pretense and five counts of insurance fraud, Kathy Ball, 40, of Archdale, N.C., faces felony convictions, according to state officials. Ball, arrested by N.C. Department of Insurance investigators in High Point …

People and Places

The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new assignments are for one year: International Insurance Relations Committee: chair, Diane Koken, commissioner, Pennsylvania Insurance Department, and vice chair, Dorelisse Juarbe Jiminez, commissioner, Puerto …