North Carolina News

Bank Insurance Brokerage Fee Income Jumps 22% to Record $3.6 Billion

Banks increased their 2004 insurance brokerage fee income by 22.2 percent from $2.97 billion in 2003 to a record $3.63 billion earned in 2004, according to Michael White’s 2004 Year-End Bank Insurance & Investment Fee Income Reports. The 2004 report, …

Crawford & Company U.S. Quality Award Program Honors Employee Performance

Crawford & Company, of Atlanta has announced its 2004 winners of its U.S. Quality Award Program. The program recognizes Crawford employees and branches for consistent outstanding performance in producing a quality product and extraordinary customer service. Awarded annually to up …

Maryland House Advances Teen Driving Bills

The House of Delegates gave its preliminary approval this week to a package of bills that tightens rules governing young drivers, in an attempt to cut down the number of grisly teen crashes. “This is not a silver bullet for …

N.C. Agenda Tight, No Time for Golf!

I was surprised and impressed by the efficiency and expertise shown by everyone participating in the March 3-6 National Conference of Insurance Legislators meetings in Hilton Head, S.C. When I heard hundreds of congressmen, senators and insurance industry experts from …

ALA., N.C. AGENTS JOIN ASSUREX GLOBAL

Cobbs Allen & Hall Inc. of Birming-ham, Ala., and Senn Dunn, of Greens-boro, N.C., have been accepted as members of Assurex Global of Columbus, Ohio, a large insurance association designed to specifically serve independent agents and brokers. Only one affiliate …

GROUP FROM FORMER SOVIET UNION ON TOUR

Information about the insurance industry and insurance regulation in the state were shared by the North Carolina Insurance Commission in Raleigh as it welcomed 19 hospital administrators and head physicians from Armenia, Azerbijian, Georgia, Moldovia and the Ukraine. The group …

Workers’ Comp Varies Widely; Reforms Slow to Enact, Enforce

Employer responsibility for the expense of accidents and in some cases occupational illnesses, varies from state to state. Em-ployers must provide reasonable information, rules, supervision, training and safety. The word reasonable depends on interpretation, differing perceptions may lead to arguments …

People & Places

Genia Walden Pacific Wholesale Insurance named Genia Walden as a company vice president. She will function both as a broker and an underwriter for the Dallas-based firm. Walden formerly served other leading MGA/brokerage companies in the Southwest. She has 21 …

Main Street Matters

New York is one of the worst; New Jersey is also poor; Virginia remains among the best; Massachusetts and Maryland are looking better and better; Connecticut is holding steady, while Pennsylvania has some catching up to do. That’s a summary …

People & Places

Douglas McDonough Citizens and Hanover Insurance Companies have named Douglas H. McDonoughregional president of their emerging Mid-Atlantic region. In this role, he will manage all aspects of sales and distribution for the companies’ commercial and personal lines operations in Maryland, …