North Carolina News

Class-Action Lawsuit Claims Hix Insurance Misled N.C. Customers

A class-action lawsuit has been filed in North Carolina’s Guilford Superior Court claiming that Hix Insurance of Greensboro has misled thousands of its North Carolina customers, especially Latinos, into unknowingly buying motor club memberships with automobile liability and workers’ compensation …

Tenn. Commissioner Says Multi-State UnumProvident Settlement Signed

At least 40 states have ratified landmark multi-state settlement agreements involving three major disability insurance carriers owned by UnumProvident Corp. of Chattanooga, Tenn., insurance regulators announced Tuesday. “We have 40 signed agreements in hand and three states who have asked …

Carl Warren and Co. New Web Site

Carl Warren and Company, a liability claims management company headquartered in Orange, Calif., launched a new Web site at its current Web address of www.carlwarren.com. The site includes testimonials from decade-old clients from public entities, insurance carriers and self-insured corporations. …

People & Places

John Tympanick The Liquor Liability Joint Underwriting Association of Massachusetts (LLJUA) has named John W. Tympanick as president. LLJUA, based in Westboro, Mass., is a last-resort liquor liability insurance provider for Massachusetts businesses that have been turned down for coverage …

Recreational Watercraft

Nuts & Bolts: BVSA Marine Insurance is now offering coverage for recreational watercrafts up to 32 feet. Dollars: Liability limits of $500,000 are available. Deductibles range from 1 to 3 percent with no minimum premiums. Carrier: American Reliable rated “A,” …

Industry Resolutions for 2005

This is Insurance Journal‘s year-in-review issue and what a year it was! Between four hurricanes that churned through southeast coastal states; the aftermath of the hurricanes, resulting in floods as far north as West Virginia; and New York Attorney General …

Southeast Plagued with Hurricanes, Floods in Disastrous 2004

In 2004, the big news in the Southeast revolved around hurricanes and floods, and state officials reactions in the aftermath of these events. The Florida Legislature as a result, is trying to decide what to do about multiple deductibles, the …

FIRST CHARTER ACQUIRES SMITH & ASSOCIATES:

Charlotte, N.C.-based Smith and Associates Insurance Services Inc., an independent property casualty agency specializing in middle market commercial accounts has been acquired by First Charter Corp., a large southeast insurance agency. Financial terms of the acquisition were not disclosed. Smith …

Reilly Named Big ‘I’ Director of Federal Affairs

Brendan T. Reilly, a leading staffer on the House Committee on Financial Services, has been named director of federal government affairs for the Independent Insurance Agents & Brokers of America (the Big “I”), effective Jan. 1, 2005. Reilly, liaison to …

Report: Fla., N.C. Had Best Scores in Bioterrorism Preparedness Assessment

Florida and North Carolina scored highest in a report “Protecting the Public’s Health in the Age of Bioterrorism,” released by the Trust for America’s Health. The group measured 10 indicators to gauge state preparedness and readiness to respond to bioterrorist …