North Carolina News

N.C. Lawmakers: Buckle Up in the Back Seat, Too

Click it or ticket, even in the back seat. With the Senate concurring to changes made by the House, lawmakers Monday night finalized a proposal that requires all North Carolina passengers to buckle up. That measure now goes to the …

Big ‘I’ Hires Koonce as New Federal Lobbyist

The Independent Insurance Agents & Brokers of America (the Big “I”) has expanded its Capitol Hill staff by hiring Thomas C. Koonce as its new assistant vice president for federal government affairs, effective July 17. Koonce, previously the manager of …

N.C. Settlement to Benefit 25,000 Minority-Members

Some 25,000 minority North Carolinians victimized by race-based premiums could benefit from a settlement agreed upon by Western and Southern Life Insurance Co. and the North Carolina Department of Insurance. The company was accused of using race-based premiums in the …

Wachovia Insurance Services Enters Miami Market

Wachovia Insurance Services announced in Charlotte, N.C. that it has acquired Miami, Fla.-based U.S. Insurance Underwriters in a deal that provides Wachovia its first entry into the Miami market through a well-established insurance brokerage firm specializing in property and casualty …

Changes to Curb Fraudulent Medicaid Applications Delayed in N.C.

A program intended to prevent illegal immigrants from fraudulently applying for Medicaid has been delayed in North Carolina, possibly until late September, two months after its scheduled start date, officials said. Until then, people applying for the federal health insurance …

N.C. House Approves Mandate for Seatbelt Use for all Passengers

All vehicle passengers, even those in the back seat, would have to buckle up in North Carolina under a bill that the House tentatively approved Wednesday in Raleigh, N.C. Lawmakers approved the mandate, which would levy $75 in fines and …

Hub Acquires Quebec Broker AssurConseil

Chicago-based Hub International Limited has acquired AssurConseil, S.E.N.C., a Montreal-based insurance broker with both general lines and trucking expertise. “The 39-employee organization will add approximately CDN$5.5 million (US$4.9 million) to Hub International’s revenue base and will become part of Hub …

Groups Support Stronger Fla. Building Codes, Storm Shutter Requirements

Recommendations about the expansion of windborne debris regions in Florida’s Panhandle and requirements for storm shutters and missile-resistant glass will be discussed July 11 during a special Florida Building Commission hearing in Hollywood, Fla. The commission will consider how to …

The Insurance Scholarship Foundation of America Announces the 2006-2007 Board of Directors and Officers.

Susanne N. Wolfe, CPIW of Arthur J. Gallagher & Co. – Greenville Is Named Chairman Cornelius, NC – The NAIW Education Foundation d.b.a. Insurance Scholarship Foundation of America elected their Board of Directors, and Officers, for the upcoming year at …

AVRECO’s Borderline Med-Mal Market

Chicago-based wholesaler AVRECO has a new medical liability insurance market for borderline nonstandard physicians and surgeons. It’s geared toward doctors on their way to a standard market, but who haven’t quite arrived. While AVRECO will take on licensed physicians with …