North Carolina News

North Carolina Insurance Commissioner Volunteers for Pay Cut

North Carolina Insurance Commissioner Wayne Goodwin said he will take a voluntary pay cut in line with what Governor Beverly Perdue has ordered for all state employees. All state employees — including those in Goodwn’s department– will absorb a half …

North Carolina Court: ‘Reasonable Suspicion’ Requires Multiple Factors

An anonymous tip and a police officer’s observation of a driver swerving in his lane were not enough to reasonably suspect drunken driving, judges on the North Carolina Court of Appeals ruled this week. The three-judge panel ordered a new …

Builders Mutual Insurance to Help Builders Learn Survival Skills

Raleigh, North Carolina-based commercial insurer Builders Mutual is launching a training program for builders that the insurer hopes will help them survive and thrive in today’s economy. Participants in the course, called “Building for the Future,” will learn survival skills …

People

The Professional Insurance Agents Association of Ohio Inc. (PIA) has selected Douglas L. Jackson to serve as director of education. Jackson, a Certified Parks and Recreation Professional (CPRP), comes to PIA after working more than six years as director of …

People

Joseph Tracy has been named president of Travelers Inland Marine business unit. Tracy, who joined Travelers in 2006, most recently served as chief underwriting officer for the Inland Marine business unit. Prior to joining Travelers, Tracy was the head of …

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. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …

North Carolina Judge Clears Way for Home Insurance Rate Changes

A Wake County judge has cleared the way for homeowners insurance rates to drop in nearly three dozen western North Carolina counties and soar along the coast starting Friday. Superior Court Judge Ronald Stephens this week signed an order dismissing …

Wildfire Burns Homes Near South Carolina’s Myrtle Beach

A coastal wildfire spread early Thursday toward one of the busiest tourist stretches in South Carolina, burning dozens of homes and forcing hundreds to flee in the middle of the night. No injuries were reported. Police banged on doors to …

Texas Mutual Launches Teen Worker Safety Program

Texas Mutual Insurance Company and its partners have launched off a campaign to reduce the number of workplace injuries among teen workers. The One Wrong Move campaign kicked off in Lubbock on April 23 with brochures, billboards, radio commercials, mall …

North Carolina Coastal Insurance Rates to Rise May 1

Homeowners in 18 coastal North Carolina counties whose homes are insured by a state-backed insurance pool shouldn’t expect a delay of higher rates taking effect May 1. A powerful state legislator said a comprehensive effort to fix the overextended Beach …