North Carolina News

Licensing All Drivers

Many states are considering legislation that would allow qualified undocumented immigrants to get driver’s licenses. Such legislation would not violate federal immigration law, which does not prohibit states from licensing all drivers, regardless of whether they are in this country …

Special Coverage: NAPSLO Annual Convention

The NAPSLO Annual Convention took place Sept. 10-14 in San Diego at the San Diego Marriott Hotel & Marina. For more Insurance Journal interviews and special video coverage of the NAPSLO Convention, including an exclusive interview with Lloyd’s of London …

Licensing All Drivers

Many states are considering legislation that would allow qualified undocumented immigrants to get driver’s licenses. Such legislation would not violate federal immigration law, which does not prohibit states from licensing all drivers, regardless of whether they are in this country …

Evans Named President of IIANC

The Independent Insurance Agents of North Carolina (IIANC) announced the election of Don Evans of Coastal Insurance in Shallotte, as its new president. Evans was elected to the office during the IIANC Annual Convention last month in Hilton Head Island, …

ISO Reports Insurers to Pay $1.17 Billion for Hurricane Isabel Claims

Insurers are expected to pay $1.17 billion to homeowners and businesses for insured property losses from Hurricane Isabel that struck eight mid-Atlantic and northeastern states on Sept. 18-19, according to preliminary estimates by the Property Claim Services (PCS) unit of …

Travelers Estimates $75 Million Loss from Hurricane Isabel

Travelers Property Casualty Corp. announced that its preliminary estimate for catastrophe losses resulting from Hurricane Isabel is approximately $75 million, after reinsurance and tax, based on approximately 33,000 claims reported through Oct. 2. The estimate includes net losses of approximately …

N.J.’s Couch Braunsdorf to Merge with Perks Unlimited, Inc.

Jim Johnston, President and Chairman of the Couch Braunsdorf Insurance Group in Liberty Corner, one of New Jersey’s leading brokers/agents, announced a merger with Perks Unlimited, Inc., producer of the PerksCard. Perks Unlimited was founded by Bob Dow 15 years …

A.M. Best Downgrades Royal & SunAlliance USA

A.M. Best Co. has downgraded the financial strength ratings to B+ (Very Good) from A- (Excellent) of the Royal & SunAlliance USA Insurance Pool (North Carolina) and the Royal Surplus Lines Insurance Company (Connecticut). The surplus lines company is a …

Long Urges Consumers to Become Educated About Adjusters

North Carolina Insurance Commissioner Jim Long cautioned consumers about the use of “public adjusters” to process Hurricane Isabel-related claims. Public adjusters are not the same as the adjusters sent by insurance companies, and Long urges citizens to be aware of …

Hartford Donates $10,000 to N.C. National Guard Families

Citing the significant sacrifices made by the men and women serving their country in the National Guard, the Charlotte Regional Office of the Hartford Financial Services Group presented a $10,000 grant to the Chaplain’s Fund of North Carolina National Guard. …