North Carolina News

Texas Ranks High in Workers’ Comp Costs per Claim

Workers’ compensation costs per claim in Texas increased at double-digit rates for the third consecutive year, according to a new study by the Workers Compensation Research Institute. Workers’ compensation costs per claim remain among the highest of the states in …

AMS Users’ Group Accepting Nominations for 2004 Wade S. Dunbar, Jr. Award

The AMS Users’ Group recently began accepting nominations for the Wade S. Dunbar, Jr. Award. This honor was created in 1988, in remembrance of a vibrant North Carolina agency principal whose lifelong dream was industry automation. “Wade Dunbar worked to …

WCRI Study Reports Pa. Workers’ Comp Costs Per Claim Continue Upward Trend

Workers’ compensation costs per claim in Pennsylvania continue to grow, according to a new study by the Workers Compensation Research Institute (WCRI). The study by the Cambridge, Mass-based WCRI found that costs per claim rose 8.5 percent per year on …

Calif. Workers’ Comp Costs Per Claim Continue Rapid Growth

California workers’ compensation costs per claim in California continue to grow rapidly, increasing 15 percent from 2000 through 2001 (as of 2002) and are accelerating, according to a new study from the Cambridge, Mass.-based Workers Compensation Research Institute. California has …

IIANC’s Annual Eastern Agents Conference Runs Jan. 28-29

The Independent Insurance Agents of North Carolina’s (IIANC’s) annual Eastern Agents Conference, the largest insurance conference in the eastern part of North Carolina, will be held Jan. 28-29, at the Holiday Inn Brownstone in Raleigh. The event will bring hundreds …

Who Made the Most Influential Agent List in 2003′

The Insurance Journal conducted a month-long readers’ poll to determine who’s who in the insurance world. Ballots were cast to name the most influential on the contemporary insurance scene. While the leader of our poll turned out to be the …

Midwest Comp Market: Proceed With Caution

The workers’ compensation segment in Midwestern states is not immune to the broad trends in the line nationally — including poor combined ratios, escalating medical costs and severe underreserving — but no heartland state has a crisis as acute as …

GL for Colleges, Universities

Nuts & Bolts: EdChoice, Schinnerer’s insurance program for small to mid-size colleges and universities, has added general liability coverage for exposures such as corporal punishment, athletics or sports activities, abuse and molestation, host liquor, as well as limited pollution coverage. …

New Resolutions for Industry Publication

The old saying goes that this time of the year is an opportunity to start making resolutions for the new year. Well, we at Insurance Journal have some plans of our own for 2004, and we’re starting with this premiere …

COURT OF APPEALS LARGELY UPHOLDS N.C. COMMISSIONER’S ORDER TO REDUCE AUTO RATES:

North Carolina Insurance Commissioner Jim Long recently received word that the North Carolina Court of Appeals has largely upheld his order in the 2001 auto insurance rate case to force insurance companies to drop rates by 13 percent. The rate …