North Carolina News

AIA: NC. Senate Med-Mal Bill Lacking

The American Insurance Association (AIA) announced that the North Carolina Senate approved a medical malpractice bill that the association believes falls short of the goal of comprehensive medical liability reform. S. 802 passed on a 27-19 vote along party lines …

As Isabel Heads for N.C., Commissioner Urges Storm Readiness

With Hurricane Isabel threatening North Carolina’s coast, Insurance Commissioner Jim Long today released a comprehensive list of consumer tips to address questions frequently encountered by North Carolinians preparing for the storm. These tips answer common questions about how to prepare …

Wachovia Hires Lehman as CFO

Wachovia Insurance Services, an integral part of Wachovia Wealth Management, announced that Karen J. Lehman has joined the firm as chief financial officer. The Winston-Salem, N.C.-based company said that Lehman, a 20-year accounting veteran, is responsible for the oversight of …

Isabel Poised to Strike East Coast

Hurricane Isabel, the most powerful storm of the season, is poised to strike somewhere along the U.S. Eastern Seaboard as early as Wednesday night or Thursday morning. The 5-day forecast from the National Hurricane Service indicates that, unless Isabel changes …

National PIA Recognizes GMAC Insurance’s Pierce

Rick Pierce, vice president and senior marketing manager at GMAC Insurance, was recently honored as the recipient of the national Professional Insurance Agent Company Representative of the Year Award for 2003 by the National Association of Professional Insurance Agents (PIA). …

N.C. Industrial Comm. Posts Nov. Hearings Schedule

The North Carolina Industrial Commission announced that effective Sept. 8, workers’ compensation cases tentatively identified for docketing in November 2003 are posted on the commission’s Web site at www.comp.state.nc.us. The link to the November 2003 list of cases is located …

N.C. Workers’ Comp Conference Set for October

The North Carolina Industrial Commission announced it is sponsoring the Eighth Annual North Carolina Workers’ Compensation Educational Conference, to be held Oct. 8 – 10, in Durham. The event, produced in association with the International Workers’ Compensation Foundation, a nonprofit …

Schinnerer Unveils Educational Coverage for Colleges and Universities

Victor O. Schinnerer and Company has launched EdChoice, an insurance program for small to mid-size colleges and universities. The EdChoice policy, Trustees, Officers, Management and Employment Liability, offers employment practices, E&O and management liability on one form. The policy covers …

Fla. Agents Charged with Selling Millions of Dollars in Unregistered Securities

Four southwest Florida insurance agents are facing several felony counts for their alleged sale of millions of dollars in unregistered securities to investors throughout Florida and several states. The charges are the result of an investigation by the Department of …

Model Credit Bill Scores Big

Six months ago Insurance Journal presciently asked whether a consensus model credit-insurance scoring bill devised by the National Conference of Insurance Legislators (NCOIL) with the cooperation of producers, carriers and consumer groups would carry the day in state legislatures around …