North Carolina News

Growth in retail shopping centers a boon for insurance brokers

When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a little bit …

Arrowhead General Offers Wrapups and Conversions for General Contractors

Arrowhead General Insurance Agency Inc.’s Managed Insurance Programs Division is offering a new market for wrapups and conversions for general contractors and developers. The contractors wrapup program includes: *New minimum premiums starting at $250,000; *Conversions; *The ability to handle the …

House Bill Would Establish National Disaster Commission

Legislation that would establish a bipartisan national commission tasked with recommending policies to help the federal government prepare for and manage disaster response has been introduced in the House of Representatives. H.R. 5891, the Catastrophic Disaster Risk and Insurance Commission …

N.C. Chiropractor Helped Stage Accidents, Treated Patients

A Rocky Mount, N.C. chiropractor who encouraged people to stage car crashes and then seek fake treatment from him has been sentenced to seven years in prison. For about three years, Mark McKinnon cheated insurance companies out of hundreds of …

N.C. High-Risk Pool Appears Unlikely to Pass This Session

The creation of a special health insurance pool for thousands of North Carolinians who aren’t insured or can’t afford coverage because of chronic illness likely won’t be heard in the Senate before the session ends. The House approved the high-risk …

People and Places

The Independent Insurance Agents & Brokers of America (Big ‘I’) has added Thomas C. Koonce as assistant vice president for federal government affairs in its Capitol Hill office. He joins two fellow assistant vice presidents, Brendan Reilly and John Prible, …

New Markets

Social Service Program Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability, (including sexual abuse/molestation) property, non-owned auto, domestic social services with foreign …

Business Moves

HRH, Thilman & Filippini Insurance broker Hilb Rogal & Hobbs Co. agreed to buy substantial assets of Thilman & Filippini, L.L.C., a Chicago-based insurance agency and brokerage firm with 2005 gross revenues of approximately $24 million. The operation will become …

New Markets

Social Service Program Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability, (including sexual abuse/molestation) property, non-owned auto, domestic social services with foreign …

People The Independent Insurance Agents & Brokers of America (Big ‘I’) has added Thomas C. Koonce as assistant vice president for federal government affairs in its Capitol Hill office. He joins two fellow assistant vice presidents, Brendan Reilly and John …