North Carolina News

It Figures

$30.8 Million The dividend announced by Kentucky’s major workers’ compensation insurance carrier after several weeks of political pressure. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its $147 million surplus as a premium reduction …

States Take Action Against Health Care Reform

Many U.S. states are worried that the health care overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced …

Eastern Alliance Enters Tennessee Workers’ Compensation Market

Eastern Insurance Holdings Inc. has established a satellite office in Nashville, Tennessee in support of its subsidiary Eastern Alliance Insurance Group (EAIG), which specializes in workers’ compensation insurance. EAIG said it received regulatory approval to write casualty insurance products in …

MetLife Auto & Home Adds Tax-Related Identity Theft Service

MetLife Auto & Home has enhanced its identity protection services to include assistance for tax-related identity theft. The assistance is offered as part of the company’s Identity Protection Services provided to automobile, homeowner, renter’s, and condominium customers at no additional …

Tuscano Launches Professional Liability Division

Pennsylvania-based wholesale insurance broker W.N. Tuscano Agency has launched a professional liability insurance division called TuscanoPro The division will work with retail insurance agents to secure comprehensive professional liability coverage for their clients and their prospects. The division is headed …

Study: Road Woes Cost North Carolina Drivers $1,350 a Year

North Carolina’s big-city motorists are losing nearly on average the cost of a tank of gas every week to pay for their troubles from pot holes, longer waits in traffic and perilous roads. A national transportation group released a report …

North Carolina Court: Commissioner Rules Until Successor Sworn In

In a case over an Industrial Commission’s workers’ compensation award, the North Carolina Supreme Court ruled recently that appointed government officials retain their jobs until their successors are sworn in. The high court overruled an appeals court, which had vacated …

How States Are Responding to Healthcare Reform Law

Many U.S. states are worried that the healthcare overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced on …

Montgomery Insurance Looks to Grow Florida Commercial Lines Business

Montgomery Insurance, a Liberty Mutual Group regional operation, says it is implementing a commercial lines growth plan in Florida with its independent insurance agents. The Charlotte, North Carolina-based unit with operations in seven southeastern states is targeting small to mid-market …

Tennessee Insurance Agent No Stranger to NCAA Tournament

As the NCAA men’s basketball tournament tipped off, one could say that Cookeville, Tennessee insurance agent Gary Maxwell had the best seat in the house. No, he wasn’t sitting courtside or in a luxury box of any kind; he was …