Insurance Commissioner Jim Long signed a settlement agreement with the North Carolina Rate Bureau that raises insurance rates on dwelling fire and extended coverage (fire and EC) by an average 13.6 percent statewide. According to the North Carolina Department of …
U.S. property/casualty insurers are expected to pay policyholders an estimated $4.9 billion for insured property-loss claims from four catastrophic events in the second quarter ― the second-highest second quarter in losses since 1994 ― according to estimates by Insurance Services …
The St. Paul Cos. announced that Gregory Vezzosi, a 27-year veteran of the property-casualty insurance industry, has been named senior vice president, Specialty Commercial. The appointment is effective immediately. Vezzosi brings to his new position significant insurance industry expertise and …
BB&T Insurance Services of Raleigh, N.C., plans to expand its Tennessee operation with the acquisition of Cooper, Love & Jackson in Nashville. According to BB&T, it already owns the BB&T-Thornton & Harwell agency, based in nearby Brentwood. The two agencies …
Looking for a great course to woo your next client on the fairway? Insurance Journal readers voted for their favorite golf resort…. And the results are in! We gathered reader comments as to why they voted for their particular chosen …
This year has been the busiest for enactment of state civil justice reform legislation since 1995, according to the American Tort Reform Association (ATRA). At mid-year, 20 states already have enacted laws; 19 laws were enacted by the conclusion of …
The North Carolina Department of Insurance noted that a report released by the National Association of Insurance Commissioners (NAIC) indicates that North Carolina has the ninth lowest auto insurance rates in the nation, breaking into the top 10 after hovering …
U.S. property/casualty insurers are expected to pay policyholders an estimated $4.9 billion for insured property-loss claims from four catastrophic events in the second quarter ― the second-highest second quarter in losses since 1994 ― according to estimates by Insurance Services …
North Carolina Insurance Commissioner Jim Long and State Senator Scott Thomas announced a new law which is expected to alleviate the homeowners insurance crisis currently felt by residents of North Carolina’s 18 coastal counties. The law came about as a …
Penn National Insurance recently hired Bryce Goodwin as its new commercial lines territory manager in northern New Jersey. “Bryce brings more than 25 years of industry expertise and multi-line knowledge to Penn National Insurance,” said Eric Lange, New Jersey operations …
