North Carolina News

Mid-Atlantic States Form Regional Hazard Response Consortium

A number of Mid-Atlantic states are forming what they are calling the All Hazards Consortium to increase preparedness by enabling emergency management participants to share strategies and integrate planning. The AHC, a not-for-profit organization, emerged from last year’s All Hazards …

N.C. Mutual Life Insurance Co. NCDOI Ink Multi-State Settlement

A settlement has been reached between the North Carolina Department of Insurance and the North Carolina Mutual Life Insurance Company, the nation’s largest minority owned insurer, based in Durham. Insurance Commissioner Jim Long said the company agreed to a multi-state …

New Shield Law Could Erase Current Lawsuits Against Gun Makers

President George W. Bush is expected to sign into law a bill to shield the gun industry from most lawsuits filed by victims of gun crimes. The House approved the bill by a bipartisan vote of 283 to 144, with …

Gowrie, Barden & Brett Insurance in Conn. Adds Barney as Senior VP

Garry P. Barney has joined Gowrie Barden & Brett in Westport, Conn. as senior vice president, according to S. Carter Gowrie III, chief executive officer. Barney has more than 30 years experience in the insurance industry, most recently as senior …

People & Places

Vincent Liotta Willis Group Holdings has appointed Vincent D. Liotta as executive vice president and production director of the Willis Re U.S. Specialty Practice. Earlier this year Willis Re merged its Global Marine, Aviation, Retro and London Market Non Marine …

Course of Construction Builders Risk Program

Nuts & Bolts: Builders and Tradesmen’s Insurance Services launched a national Course of Construction/Builders Risk program in the following states: California, Arizona, Oregon, New Mexico, Idaho, Utah, and Washington. The program can be accessed at www.cocins.com. The program will pay …

HEARINGS ON 9.6 PERCENT AUTO RATE HIKE

North Carolina Insurance Commis-sioner Jim Long opened hearings in Raleigh, N.C., on a request to raise auto insurance rates by 9.6 percent. The current annual premium for a driver of a 2004 Ford Taurus in Winston-Salem who drives 10 miles …

Willis Group Holdings has appointed Vincent D. Liotta as executive vice president and production director of the Willis Re U.S. Specialty Practice. Earlier this year Willis Re merged its Global Marine, Aviation, Retro and London Market Non Marine businesses to …

N.C. FALLS TO FIFTH LOWEST AUTO INSURANCE RATES IN NATION

Insurance Commissioner Jim Long has announced in Raleigh, N.C., that the state now ranks as having the fifth lowest auto insurance rates in the nation, an improvement of three places over last year’s ranking as the eighth lowest. States bordering …

New Markets

Course of Construction Builders Risk Program Nuts & Bolts: Builders and Tradesmen’s Insurance Services launched a national Course of Construction/Builders Risk program in the following states: California, Arizona, Oregon, New Mexico, Idaho, Utah, and Washington. The program can be accessed …