North Carolina News

People Scott A. Adamsons joined InsurBanc as vice president of sales and business development. The Farmington, Conn.-based company also hired Marie R. Rider to be vice president and director of marketing. Adamsons will direct the sales and business development efforts, …

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, 27 states have signed onto …

People and Places

PMA Insurance Group has promoted Elaine Manchonto assistant vice president for commercial markets underwriting. Manchon, who will join PMA’s corporate headquarters staff in the company’s Blue Bell, Penna. office, will be responsible for helping to generate profitable revenue growth in …

Fla. insurance veteran Gallagher, 79, litigation, acquisition expert

Phil C. Gallagher, 79, a Florida insurance agent, litigation consultant and expert witness, passed away in Miami June 1. Gallagher had more than 50 years of insurance industry experience. Gallagher was formerly associated with Head Beckham Insurance in Miami. He …

Crist reaches $609,000 settlement in hurricane price gouging

A North Carolina-based company has reached a settlement to resolve Florida price gouging allegations stemming from the 2004 hurricane season, according to Florida Attorney General Charlie Crist. Crist identified the company as Southeastern Restoration Inc., also known as Afterdisaster. Crist …

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, 27 states have signed onto …

People and Places

Scott A. Adamsons joined InsurBanc as vice president of sales and business development. The Farmington, Conn.-based company also hired Marie R. Rider to be vice president and director of marketing. Adamsons will direct the sales and business development efforts, focusing …

Insurance, Other Goups Call For Elimination of Panhandle Carve-Out

Insurance and building safety groups are calling for Florida to end the exemption granted communities in the Panhandle Gulf Coast area from stricter building codes that are being enforced elsewhere in the state. The Tallahassee, Fla.-based Florida Insurance Council has …

CIC and CISR Scholarships Awarded at NAIW Convention

The National Alliance for Insurance Education & Research recently presented 13 scholarships to NAIW members at the 65th Annual Convention of the National Association of Insurance Women (NAIW) held in Orlando, Fla. The CIC and CISR scholarships were awarded at …

Whitemore Agency Employee Arrested in N.C. for Embezzlement

Tammy Cope of Old Fort, N.C. has been arrested in McDowell County on six charges of embezzlement according to Insurance Commissioner Jim Long. Department of Insurance investigators allege that Cope collected more than $10,000 in insurance premiums from 30 consumers …