North Carolina News

Bowditch Insurance Acquired by South Financial Group

Jacksonville, Fla.-based Bowditch Insurance Corp., an independent insurance agency founded in 1983 by Raynor E. Bowditch, has been acquired by The South Financial Group of Greenville, S.C. The transaction became effective June 6, its terms were not disclosed. Bowditch Insurance …

N.C. Police Officer Accused of Passing Fake Prescriptions, Insurance Fraud

Concord, N.C. Police Officer Dana Lynn Beninati has been suspended without pay after allegedly passing fake prescriptions and billing her insurance company. Lynn was arrested at her home and charged with 23 counts of prescription and 23 counts of insurance …

N.C. Commissioner Warns Citizens to be Ready for 2005 Hurricane Season

The most costly hurricane in recent North Carolina history, Hurricane Floyd, caused an estimated $1.4 billion in damages – insured damages only. This figure does not account for property lost that was not covered by insurance. With the 2005 hurricane …

Nationwide’s Allied Insurance Looking for Agents on East Coast

The independent agency arm of giant Nationwide Insurance is expanding its reach and looking for agents in the East and South. Allied Insurance, which currently has more than 4,500 independent agency locations in the West and Midwest, began writing personal …

Nationwide’s Allied Insurance Looking for Agents on East Coast

The independent agency arm of giant Nationwide Insurance is expanding its reach and looking for agents in the East and South. Allied Insurance, which currently has more than 4,500 independent agency locations in the West and Midwest, began writing personal …

Hull Promotes Ramsey to VP, National Personal Lines

Hull & Company announced the promotion of Tim Ramsey to vice president, national personal lines. Ramsey joined Hull & Company in January of 1998 as manager of the company’s newly formed Charlotte, N.C., personal lines department where he oversaw the …

N.C. Technology Topic ‘Best Practices’

PC Direct is sponsoring seminars during which the latest technology solutions and best business practices will be discussed in Charlotte and Raleigh, N.C. and is encouraging independent agents to attend. Included in sessions will be a TV show featuring guests …

AVRECO Launches Market for Borderline Surgeons and Doctors

Chicago-based wholesaler AVRECO recently announced a new medical liability insurance market for borderline nonstandard physicians and surgeons. The program is geared toward doctors “headed for the standard market” but who aren’t quite there yet, according to AVRECO. While AVRECO is …

Report Says Hurricane-force Winds Likely in Cape Hatteras, N.C., Miami Beach and Naples, Fla.

Hurricane-force winds are most likely to strike this year in Cape Hatteras, N.C. and Miami Beach and Naples, Fla., according to an analysis of coastal cities released today by a University of Central Florida professor and a Georgia researcher. Cape …

GMAC Insurance Study: Some 20 Million Drivers are Potential Accidents Waiting to Happen

Results of a study released Thursday suggest that millions of Americans lack basic knowledge of rules of the road and safe automobile operation. In fact, the study shows that if tested today, one in 10 drivers – nearly 20 million …