North Carolina News

When the nonprofit insurer is itself a nonprofit

Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …

What lies beneath the surface of a yacht policy?

Although no standard such as ISO exists for the yacht insurance industry assuring consistency from carrier to carrier, most policies offered by domestic carriers have become fairly consistent in their coverage offering. Common coverage such as hull, protection and indemnity, …

New Markets

New Markets Nuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …

When the nonprofit insurer is itself a nonprofit

This underwriting approach might surprise those for-profit insurers. Her underwriters rarely see an account they won’t price or renew. Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing …

New Markets

New Markets Nuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice, miscellaneous professional and tech errors and omissions products issued by any …

Closer Look: Nonprofits

Over the years, many a vexed property/casualty insurance company chief executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing any net …

Nonprofits

Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …

By Christopher L. Pesce

What lies beneath the surface of a yacht policy? Commonly overlooked coverage issues mean added exposure for agents Although no standard such as ISO exists for the yacht insurance industry assuring consistency from carrier to carrier, most policies offered by …

13 Apprehended in N.C. Auto, Motorcycle Fraud Ring

Thirteen Halifax County, N.C. residents, suspected of masterminding a family auto insurance fraud ring that allegedly swindled insurance companies out of $56,000 in fraudulent motorcycle and auto claims has been apprehended by Sheriff’s Department and Department of Motor Vehicle License …

N.C. Woman Wants Workers’ Comp Based on Attack By Boss, Wife

A Greensboro, N.C., woman attacked at work and kidnapped by her boss and his wife is fighting with an insurance company over her workers’ compensation claim, the News & Record and the Associated Press reported. The issue is whether the …