Cobbs Allen & Hall Inc. of Birmingham, Ala., and Senn Dunn, of Greensboro, N.C. have been accepted as members of Assurex Global of Columbus, Ohio, the world’s largest insurance association designed specifically to meet the needs of independent agents and …
The fatal crash rate for 16-year-old drivers declined sharply after states began enacting graduated licensing laws in the 1990s, according to a new study by the Insurance Institute for Highway Safety. The study found that fatal crash involvements based on …
The North Carolina Insurance Commission shared information about the insurance industry and insurance regulation last week in Raleigh as it welcomed 19 hospital administrators and head physicians from Armenia, Azerbijian, Georgia, Moldovia and the Ukraine. The group came to Raleigh …
Pennsylvania-based Donegal Group Inc.reported that net income for year ended December 31, 2004 reached an historic high for the company. Net income for the year ended December 31, 2004 was $31,614,269, compared to $18,293,976, for the year ended December 31, …
Chicago, Ill.-based InsuranceNoodle has entered into an agreement with Boston, Mass.-based OneBeacon Insurance Group to offer the carrier’s OnePac P&C solution to the independent commercial agencies that use InsuranceNoodle’s proprietary, Web-based technology platform. “InsuranceNoodle presents OneBeacon with the opportunity to …
The emergence of large national and regional firms and the creation of networks of brokers as industry kings are transforming the nation’s wholesale insurance marketplace but experts maintain that independent privately-held firms will still remain the backbone of the excess …
With damage estimates after last year’s hurricanes approaching $300 million, Gov. Mike Easley has asked legislators to approve the expenditure of $61 million from the North Carolina Rainy Day Fund. Easley’s office has allocated or spent both state and federal …
Tom Sanzenbacher has received the Professional Insurance Agents of Florida’s award as the “2004 Company Representative of the Year.” Donnie McMahon, PIA of Florida’s immediate past president, presented Sanzenbacher with a commemorative plaque recognizing his achievements during the group’s annual …
The State Farm Insurance Bank is in a turf war, which pits North Carolina regulators against the federal Office of Thrift Supervision to determine who has jurisdiction over State Farm’s sale of $100,000-plus “Jumbo CDs.” In the meantime, State Farm …
The North Carolina Department of Insurance doubts new methodology used by the North Carolina Rate Bureau, which has just requested an 11.5 percent statewide increase in private auto insurance rates. NCRB is an independent organization representing in-state auto insurance companies. …
