North Carolina News

BOP for Professional Liability

Nuts & Bolts: Philadelphia Insurance Companies recently released a new product offering, the Business Owners Policy (BOP) for business professionals. PHLY’S BOP provides comprehensive property & liability coverage and is being offered in conjunction with professional liability offered to all …

N.C. DOI Urges Leniency for Active Military

North Carolina Insurance Commissioner Jim Long announced that in an effort to show support for our nation’s active military, the Department of Insurance has urged insurance companies to show lenience to Reservists, members of the National Guard and their families. …

IIABA Honors Evans With Burns Award

The Independent Insurance Agents & Brokers of America (IIABA) presented Donald C. Evans of Ash, N.C., with its Bernard J. Burns Award, bestowed annually upon the agent or broker making the most significant impact on fundraising efforts for InsurPac—the political …

Foremost Insurance Co. Won’t Raise Homeowners Rates on Deployed Military

The Grand Rapids, Mich.-based Foremost Insurance Group of companies is modifying underwriting guidelines for current mobile home and non-standard homeowner customers who are being militarily deployed and are leaving an unoccupied home behind. Effective immediately, Foremost mobile home and non-standard …

Foresight Publishing, Inc. Releases New Custom Newsletter Program For Insurance Agencies

Facing increased demand for a custom newsletter product, Foresight Publishing is now offering a service called “Select”, which allows insurance agencies to create their own newsletters. “Instead of having a boilerplate newsletter where the text is pre-selected well in advance, …

InsureVianet Expands State Availability for Exec. Liab. Suite

InsureVianet announced it has expanded the number of states for its online Executive Liability Suite by 16 additional states and the District of Columbia, bringing to 38 the total number of states in which the company offers its online small …

Personal Umbrella

Nuts & Bolts: Superior Access expanded its personal umbrella programs with two new carriers, both rated “A” (Excellent) by A.M. Best. Agent commissions are 10 percent on both new and renewal business for both programs. Dollars: Program 1:limits from $500,000-$2M.Underlying …

BOP for Professional Liability

Nuts & Bolts: Philadelphia Insurance Companies, A.M. Best rated “A+” (Superior), released a new product offering, the Business Owners Policy (BOP) for business professionals. PHLY’s BOP provides comprehensive property & liability coverage and is being offered in conjunction with professional …

InsureVianet Rolls Out New Program to an Additional 16 States and District of Columbia

InsureVianet announced today it has expanded the number of states for its online Executive Liability Suite by 16 additional states and the District of Columbia, bringing to 38 the total number of states in which the company offers its online …

Long Negotiates Auto Rate Settlement in N.C.

North Carolina Insurance Commissioner Jim Long announced a settlement in the 2003 auto insurance rate case that could save consumers nearly $500 million in premiums from current rates. The agreement, reached between the Department of Insurance and the North Carolina …