North Carolina News

People

The Independent Insurance Agents & Brokers (the Big “I”) has awarded Alex Soto with the Woodworth Memorial Award, the highest honor the association bestows on one of its members. Soto is president and CEO of InSource, Inc. in Miami and …

2007 State Obesity Rates

2007 State Obesity Rates State % Alabama 30.3 Alaska 27.5 Arizona 25.4 Arkansas 28.7 California 22.6 Colorado 18.7 Connecticut 21.2 Delaware 27.4 Washington DC 21.8 Florida 23.6 Georgia 28.2 Hawaii 21.4 Idaho 24.5 Illinois 24.9 Indiana 26.8 Iowa 26.9 Kansas …

Every Agency Can Measure and Maximize Its Performance

Clear Roles, Documentation, Communication Among Lessons Shared By Consultants for High-Performing Agencies Use your agency management system to the max. Measure your productivity. Communicate consistently and effectively with your staff, customers and carriers. And above all, don’t get cheap when …

It Figures

$120,000 According to an Atlanta Journal-Constitution investigative report, the amount two Georgia insurance companies with the same boss funneled to John Oxendine’s campaign for governor. Documents obtained from Georgia and Alabama state agencies show the money, which is nearly 10 …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

A Practical Guide to Workers’ Compensation

Prepare Clients for Premium Audits by Knowing the ABCs of Audits Insurance agents and brokers are charged with many duties on behalf of their clients. One often neglected duty is working with insureds to prepare them for the annual workers’ …

Ratings: Allstate, Arrowhead, Nat’l. Lloyd’s/Summit, ISMIE Mutual, Greenville Casualty, Un. Farm Indiana

Standard & Poor’s Ratings Services has assigned its ‘A-‘ senior debt rating on Allstate Corp.’s (ALL) recently priced senior debt issue. S&P also affirmed its ‘A-‘ counterparty credit rating on ALL and its ‘AA-‘ counterparty credit and financial strength ratings …

North Carolina Considers Cap on Workers’ Compensation for Retirees

The North Carolina House Insurance Committee has advanced a measure that would limit workers’ compensation payments to injured workers a few years after they become eligible for Social Security. The bill (HB 1022) would curtail workers’ compensation payments 300 weeks …

BB&T Insurance Services of California Names Nielsen VP

BB& T Insurance Services of California Inc. announced the appointment of John M. Nielsen as vice president for its San Francisco office. Nielsen, a seasoned insurance professional with more than 15 years of sales and underwriting experience, will be responsible …

North Carolina Agent Charged With Workers’ Compensation Fraud

A North Carolina insurance agent has been arrested, charged with twice failing to remit insurance premiums to the insurance company. North Carolina Commissioner Wayne Goodwin reported the arrest of Sherri Efrid, of Davidson. According to the officials, Efrid twice collected …