North Carolina News

State Farm Introduces Vehicle Safety Discount

State Farm Mutual Automobile Insurance Company is implementing a new auto insurance discount. Using its actual claim payments for driver and passenger injuries by make and model of vehicle, the company is awarding discounts of up to 40 percent on …

Penn National Launches Web-based Agent Services

Penn National Insurance has launched PennConnect, a series of web-based services that provide fast customer service tools to the company’s 1,200 independent agencies, accessed through the company’s website, www.pennnationalinsurance.com. Using PennConnect, an agent can take a customer’s inquiry, research the …

Six Insurance Commissioners Elected; Incumbents Maintain Seats

Six insurance commissioner seats were up for grabs during the Nov. 7 election, with only two incumbents seeking reelection. Twelve states elect commissioners rather than appoint them. In Delaware, two-term incumbent Donna Lee Williams defeated Karen Weldin Stewart. Williams has …

AgentSecure.com Exceeds First Quarter Goals

AgentSecure.com, an agent-centered extranet specifically for rural and suburban independent property and casualty agents, has exceeded its first quarter goals by 20 percent in six weeks’ time. The highest rate of response has come from agents in small town and …

Incumbents Maintain Seats in Commissioner Races

Six insurance commissioner seats were up for grabs Nov. 7, with only two incumbents seeking reelection. At press time, all official tabulations were not completed, so the percentage by which some of the winners were elected was not available. In …

Incumbents Maintain Seats in Insurance Commissioner Races

Six insurance commissioner seats were up for grabs Tuesday, with only two incumbents seeking reelection. At the time of this writing, all official tabulations were not completed, so the percentage by which some of the winners were elected was not …

NAIC Cuts Controversial Producer Licensing Model Language

The hotly contested language of Section4(b)8 became a thing of the past on Oct. 4 when the National Association of Insurance Commissioners (NAIC) voted unanimously to delete the section from its Producer Licensing Model Act. “Because this one issue has …

Up In Smoke–A Pyrrhic Victory For An Insured

Whoever determines the “Darwin Natural Selection Awards-Criminal Category” has chosen as this year’s winner a North Carolina man, who would also be eligible for the “Chutzpah Award” and the “Just Desserts Award,” if they existed. The story, which is presented …

NAIC Cuts Out Controversial Model Language

The hotly contested language of Section4(b)8 became a thing of the past on Oct. 4 when the National Association of Insurance Commissioners (NAIC) voted unanimously to delete the section from its Producer Licensing Model Act. “Because this one issue has …

ACCCT to Release BEEP Version 2.0

The American Cooperative Council on Compensation Technology (ACCCT), comprised of workers’ compensation insurance data gathering and rate advisory organizations, announced that an updated, enhanced version of its Bureau Entry and Edit Package (BEEP) will be available to all interested, licensed …