North Carolina News

The National Alliance Awards 24 Scholarships

The National Alliance recently presented 24 scholarships to National Association of Insurance Women (NAIW) members at its 69th Annual Convention held in Arlington, Va. The CIC, CRM, CISR, and CSRM scholarships were awarded at a special recognition ceremony at the …

Latta Insurance Becomes Keystone’s 17th Kentucky Agency

Latta Insurance Services Inc. of Henderson, Ky., has become Keystone Insurers Group’s seventeenth franchise partner in Kentucky. Latta Insurance Services President Williams S. Latta announced the new arrangement jointly today with Keystone President David Boedker. Latta Insurance has served western …

Medicus Insurance Appoints Roque as Southeast Market Manager

Austin, Texas-based medical professional liability insurance carrier, Medicus Insurance Co., has hired Michael Roque as Regional Market manager for the Southeast region. Roque has been actively building a network of healthcare providers and agents in the Southeast territory, as Medicus …

Texas Work Comp Enforcements Include Suspensions, Insurer Fines

Final disciplinary actions taken in March and April by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) include removal of providers from Designated Doctors list and insurance company fines. Commissioner’s orders are subject to appeal to state district …

Restaurants Lax on Food Safety, Says Researcher

Here’s an unappetizing thought: A review of restaurant food safety practices found that a typical kitchen worker cross-contaminates food with potentially dangerous pathogens about once per hour. Among the risky behaviors cited were workers using aprons and other garments to …

Bill Would Lift North Carolina’s Oil Spill Liability Cap

North Carolina’s current cap for monetary damages it could receive from oil spills would be eliminated in legislation approved last week by a House committee in response to the BP disaster in the Gulf of Mexico. Environmental groups lined up …

And the Best, Worst States for Tort Liability Costs Are…

Alaska, Hawaii and North Carolina get thumbs up while New Jersey, New York and Florida get thumbs down for their tort liability costs in the latest ranking by a free-market think tank. The states with the worst performance had the …

Business Moves

Liberty Mutual Agency Corp. Boston-based Liberty Mutual Group has announced that its subsidiary, Liberty Mutual Agency Corp. (LMAC) has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of shares of its common …

Who’s Getting Sued in Securities Class Action Lawsuits Now?

Financial Services and Life Sciences Companies Should Be on the Lookout To find out which company will be next in line for one of these insult-to-injury lawsuits, just keep a close eye on the headlines. Securities class action lawsuits are …

North Carolina Insurers Oppose Change to Negligence Standard

North Carolina property and liability insurers are taking their case to the public to impede an effort in the Legislature to change how monetary awards are determined in negligence cases. The Insurance Federation of North Carolina has been running radio …