November 2, 2008
North Carolina Department of Insurance investigators said they arrested five Halifax County residents for their roles in what they are calling an auto insurance fraud ring that netted the accused more than $25,550 in insurance payments from staged accidents. Department …
November 2, 2008
Tom Hughston, executive vice president of North Texas-based Roach Howard Smith & Barton (RHSB), has been named to the board of directors of The Council of Insurance Agents & Brokers, a trade association representing domestic and international commercial insurance agents …
November 2, 2008
Pete Garvey, current president of Integro Ltd., assumed the additional responsibility of CEO for the insurance broker, succeeding Roger Egan, who has left the company. Garvey has served as president of Integro since 2005. He was among the original founders …
November 2, 2008
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. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …
November 2, 2008
Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 …
November 2, 2008
Independent Insurance Agents of North Carolina named Kelley L. Erstine chief executive officer. Erstine assumed the association’s CEO responsibilities Oct. 15 and replaces Bob Bird upon his retirement after 25 years of service to IIANC. Erstine served as executive vice …
November 2, 2008
The insurance industry has unveiled results of a report finding that the North Carolina Insurance Underwriting Association, a.k.a. the Beach Plan, is not financially prepared to weather a major storm. According to the report, the Beach Plan has no more …
October 31, 2008
A $7.5 million settlement has been proposed for Apex, N.C. residents who evacuated homes and businesses when a chemical waste depot exploded two years ago. Attorneys for the residents and EQ Industrial Services outlined the settlement in federal court in …
October 29, 2008
The Independent Insurance Agents of North Carolina announced its 2008 industry award winners during the 111th IIANC Annual Convention held Oct. 12-15 in Asheville, NC. The 2008 Agent of the Year is J. Rives “Judge” Manning Jr., LUTCF of McCoy-Hackney …
October 29, 2008
American International Group, the insurance giant rescued by $85 billion in federal loans last month, has agreed to an $18 million settlement with the father of a disabled former Raleigh man. AIG’s decision to conclude the settlement with accident victim …