September 27, 2010
Workers’ compensation wholesaler PMC Insurance Group has named Bob Jones vice president. He will share responsibilities for expanding PMC’s agency management plan and revenue growth in New York, New Jersey and Connecticut. Jones is a 30-year industry veteran, mostly on …
September 23, 2010
Godfrey Gray Bell, Sr., of Greenville, N.C., has been arrested and charged with one count of embezzlement by an insurance agent, according to state officials. Department of Insurance criminal investigators allege that from Jan. 8 through 27, 2010, Bell, while …
September 22, 2010
North Carolina’s largest health insurer will refund $155 million to more than 215,000 individual policyholders as a result of the Affordable Care Act that took effect earlier this year, the company said. Individual policyholders will get back the equivalent of …
September 20, 2010
Risk modelers say Hurricane Earl caused very minimal damage as it passed by the East Coast and agents in the hardest hit area of the United States, the Outer Banks of North Carolina, say they have been receiving few claims. …
September 20, 2010
North Carolina Insurance Commissioner Wayne Goodwin has received the 2010 workers compensation rate filings from the North Carolina Rate Bureau, the organization that represents the state’s workers compensation insurance companies. The filings requested an average increase of 1.2 percent in …
September 20, 2010
Former AIG Chief Executive Officer Martin Sullivan, who was ousted three months before the U.S. government bailed the insurer out, is joining Willis Group Holdings PLC. Sullivan will head a new unit – Willis Global Solutions– that will oversee brokerage …
September 20, 2010
Kentucky Test Drives “This is primarily set up for kids. There are 300 different driving scenarios we can put somebody through on this. When you put all of that together, it becomes more than a video game. It makes you …
September 20, 2010
Monarch E&S Monarch E&S Insurance Services opened new offices in Hawaii and Arizona. The Hawaii office, located in Waikoloa, will be operated by company CEO Derek Borisoff. The Arizona office, located in Chandler, will be run by Senior Underwriter for …
September 20, 2010
North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new employer. The former employee, David Austin, …
September 17, 2010
An ultralight, gas-powered car that can get 102 miles per gallon is among the winners of the $10 million Automotive X Prize, a contest to develop highly efficient, production-ready vehicles. While it’s not likely to go on sale in its …