North Carolina News

Specialty Insurer to Offer High Value Property Lines in Texas

PURE Risk Management LLC, based in White Plains, N.Y., is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer comprehensive, customized property and casualty insurance coverage to responsible owners of well-built, high-value homes in Texas. The …

North Carolina Rate Bureau Proposes Credits for Storm-Proofing Homes

The North Carolina Rate Bureau has filed a proposal with the North Carolina Department of Insurance to provide homeowners insurance credits for implementing certain property protection measures, including several based on the Institute for Business & Home Safety’s (IBHS) FORTIFIED …

Main Street America Expands Product Lines To Grain Dealers Mutual Agents

The Main Street America Group has introduced its products to nearly 200 independent agents who represent new affiliate Grain Dealers Mutual Insurance Co. throughout North Carolina, Virginia and Tennessee. Specifically, super regional carrier Main Street America launched its commercial and …

North Carolina Begins $50 Million in Auto Insurance Refunds This Week

This week begins the first phase of a process that will see about 1 million North Carolina policyholders begin to receive refund checks from their auto insurance companies totaling more than $50 million. The refund distribution is a result of …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Insurance for Nonprofits Market Detail: Alliance of Nonprofits for Insurance, Risk Retention Group (ANI-RRG) insures …

Keystone Insurers Adds 2 More Kentucky Agencies to Network

Keystone Insurers Group (KIG) has added two more to its growing list of partner agencies. Jessie Insurance Agency of Campbellsville and Insurance Service Centers of Southeast Kentucky increase to 16 the number of KIG partners in Kentucky and join KIG’s …

Travelers Names 20 Personal Lines Agents of the Year

Travelers recognized 20 personal lines agents with its Agent of the Year award. Winners were picked for their community work, as well as high achievements in their lines of business. They are : Georgiana Carney, Pearl Carroll & Associates, Latham, …

AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global

The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is based. The deal also enhances some of …

People

Washington, D.C.-based Clements International, which specializes in insurance for U.S. expatriates and international organizations, announced four promotions. Dan Tuman, former vice president of commercial insurance, is now vice president of insurance sales. He joined Clements International in 2000 and has …

Who’s In the Path of 2010 Hurricane Season?

The North Atlantic hurricane season begins June 1 and lasts through November 30. Facts from the U.S. Census Bureau highlight the number of people living in areas that could be most affected by these dramatic acts of nature. 36.2 Million …