North Carolina News

Brown & Brown Acquires MGAs

Brown & Brown Inc. of Daytona Beach and Tampa, Fla., announced it has acquired managing general agencies in Georgia and North Carolina in transactions effective March 1. Saville & Associates Inc. of Norcross, Ga., and Public Risk Underwriters Inc. of …

Medical Justice Introduces Countersuit Malpractice Policies in N.C.

Medical Justice™ Corporation announced it is partnering with local insurance brokers in North Carolina and Ohio, as well as the Florida Medical Association, to protect physicians from frivolous malpractice cases with its patented Medical Justice™ The company said Medical Justice …

Philadelphia Insurance Companies Offers Companion BOP for Professional Liability Products

Philadelphia Insurance Companies (PIC) announced the release of its new product offering, “the Business Owners Policy (‘BOP’)” for business professionals. “BOP provides comprehensive property & liability coverage and is being offered in conjunction with professional liability offered to all types …

Texas Joins Midwest Zone for CE Reciprocity

The Texas Department of Insurance announced the state has joined into an agreement with the Midwest Zone States regarding continuing education (CE) reciprocity. With some exceptions, a course approved by a participating state will be accepted by other participating states …

Motorcycle, ATV

Nuts & Bolts: American Reliable Insurance Company is launching a competitive market for both standard and non-standard motorcycle risks. The program will be marketed through select General Agencies, and Independent Agents (Ariz only). Carrier: American Reliable Insurance Co. Rated “A- …

InsWeb Index Reveals Auto Ins. Rates Increase in 2002

InsWeb Corp. announced the updated results for its Auto Insurance Index based on fourth quarter 2002 data. The Index is designed to identify and track general pricing trends of personal auto insurance. According to data from InsWeb, the index revealed …

Ill., Mo. Join AMA’s Crisis List

Illinois and Missouri, along with six other states, have been added to the American Medical Association’s list of states whose medical liability system are deemed to be in crisis. In Illinois, where the state Supreme Court has overturned medical liability …

Align360 Leads FCCI Group in Implementation

Align360, a provider of business and IT consulting services, announced the successful completion of a major phase of Allenbrook’s Phoenix® system installation for Florida-based FCCI Insurance Group. Phoenix is a fully integrated suite of policy administration, claims processing, and billing …

Med Mal Fever: When Doctors Walk Out, Politicians Notice

They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and doctors face this time around. Almost 8 percent …

ACE USA Names New Regional Executive Management Structure

ACE USA has announced a new organizational structure in which nine newly-named regional executives will oversee ACE’s regional operations. As the senior executive in each geographic region, and working closely with the ACE divisional presidents, the regional executives will oversee …