North Carolina News

N.C. Court: Disgruntled Publisher Didn’t Libel Insurance Adjuster in Column

A disgruntled magazine publisher did not commit libel against an insurance adjuster when he wrote a column criticizing the agent’s handling of his claim, North Carolina’s Court of Appeals ruled this week. Bernie Reeves, editor and publisher of Metro Magazine, …

Tenn. Ethics Panel Powerless to Probe Travel Assured Ties

Ethics panel can’t take up complaints over travel insurance Received by Newsfinder from AP Sep 14, 2006 12:17 Eastern Time NASHVILLE, Tenn. (AP) _ Consumers want the state’s new Ethics Commission to investigate ties between state officials and a Crossville-based …

Floridians Told Not to Worry About Quakes Despite Recent Rattler

Floridians can go back to worrying about hurricanes. Scientists said last Sunday’s magnitude 6.0 earthquake that rattled windows from southwest Florida to Louisiana was rare, and a seismic jolt powerful enough to do damage or unleash a tsunami on the …

Bankers Insurance Association Elects New Leaders

The American Bankers Insurance Association elected 11 new members to its board of directors and new officers during the association’s annual conference this week in Washington. ABIA’s mission is to develop policy and provide advocacy for banks in insurance and …

Tenn. Latest State to Order Travel Firm to Halt Insurance Sales

Tennessee regulators ordered a Crossville-based travel firm already cited by three other states to stop selling trip interruption or cancellation benefits without an insurance license. Tennessee’s cease-and-desist order Sept. 7 against Trip Assured Inc. followed similar actions by Michigan, North …

Ohio Oswald Companies Partners with Wellness Coaches USA

Oswald Companies announced this week that it will offer employers an on-site wellness coaching service through an exclusive partnership with Wellness Coaches USA. This service provides face-to-face, personalized support to help employees make healthy lifestyle changes. Employees with fewer health …

Montgomery Insurance Beefs Up N.C. Claims Force

Montgomery Insurance, a member of Liberty Mutual Group, is adding to its field claim operations in western North Carolina to expedite claims processing for its policyholders and appointed agents in this part of the state. Montgomery has added Brian Grady …

Texas Regulators Announce July 2006 Enforcement Actions

The Texas Department of Insurance recently announced enforcement actions taken by Commissioner Mike Geeslin that became final during July. The actions include 24 license revocations, one license denial and fines and restitution totaling $3,221,950. Copies of Geeslin’s orders may be …

Rates are softening

As the surplus lines world turns to another year of soft market conditions, specialists and innovators may be the ones to survive as increasing competition intensifies, according to excess and surplus lines brokers, wholesalers and insurers. “It’s as competitive as …

News Currents

There are “35 million people living along the hurricane-prone coast that stretches from North Carolina to Texas. Half of these live in Florida, 10 million on the Atlantic coast and seven million on the Gulf coast. As rising seas and …