North Carolina News

Hawaii Not to Pursue Study on Auto Repair Shop Ownership Restrictions

A resolution that calls for a study of the need to prohibit insurance companies from owning auto repair facilities was deferred indefinitely following a hearing on the issue in Honolulu recently. Senate Concurrent Resolution 94 would direct the Legislative Reference …

N.C. Supreme Court Upholds Punitive Damages Cap

The North Carolina Supreme Court has reaffirmed the constitutionality of the state’s law capping punitive damages, a decision that maintains the certainty and predictability of North Carolina’s judicial system, according to the American Insurance Association (AIA). AIA joined with the …

Coastal Options: Residual Market Not the Only Way to Weather the Storm

IIABA Close to Announcing New Nationwide High Risk Homeowners Program Independent agents with coastal properties, there may be a life preserver thrown your way soon. The Independent Insurance Agents and Brokers of America (IIABA) is hoping to close a deal …

Agents Cry Foul Over Crop Insurance Premium Discounts

Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Department of Agriculture organ that …

Up for Sale: Success in Today’s Homeowners Market

States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make that statement do so with a quick …

Agents Cry Foul Over Crop Insurance Premium Discounts

Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Department of Agriculture organ that …

Agents Cry Foul Over Crop Insurance Premium Discounts

Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Department of Agriculture organ that …

Underwriting the Dream Home

Whether it’s called custom, upscale, mansion or high value, a dream home requires special handling from property insurers. High value homes represent a growing segment of the over 81 million single-family homes in the U.S. and Canada. These special homes …

Agents Cry Foul Over Crop Insurance Premium Discounts

Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Depart-ment of Agriculture unit that …

Agents Cry Foul Over Crop Insurance Premium Discounts

Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Department of Agriculture organ that …