North Carolina News

North Carolina Insurance Examiner Missing, Agent Arrested for Murder

An agency examiner with the North Carolina Department of Insurance is missing and a Union County insurance agent is in custody charged with the examiner’s murder. Sallie Rohrbach, 44, went missing on May 14 after completing a routine audit of …

Business Moves

AmWINS, Beacon Risk Strategies Charlotte, N.C.-based AmWINS Group Inc. acquired Beacon Risk Strategies, a Seattle-based managing general underwriter of excess-loss benefits insurance. Terms of the transaction were not disclosed. Founded in 1999, Beacon Risk Strategies provides stop-loss products to protect …

People

MyNewmarkets.com, the Web site with a searchable online directory that brings together agents seeking property/casualty insurance markets with the market providers, is expanding its content to include in-depth analysis and reporting on technical and coverage issues. Christopher J. Boggs has …

People

MyNewmarkets.com, the Web site with a searchable online directory that brings together agents seeking property/casualty insurance markets with the market providers, is expanding its content to include in-depth analysis and reporting on technical and coverage issues. Christopher J. Boggs has …

Update: Alabama Governor to Sign Bill Raising Auto Insurance Requirements

Some Alabama motorists may need to buy more auto liability insurance in a few months. Gov. Bob Riley said he intends to sign legislation raising Alabama’s minimum insurance requirements for the first time in 25 years. The Legislature approved a …

Alabama Raises Required Auto Liability Limits for First Time Since 1983

The Alabama Legislature has voted to raise the minimum amount of auto liability insurance that motorists must purchase. The current limits under Alabama’s mandatory insurance law are $20,000 for a single injury or death, $40,000 for multiple injuries or deaths, …

It Figures

45 The number of ATV-related deaths in West Virginia in 2007, prompting Huntington’s City Council’s vote to ban all-terrain vehicles from public roads and property. The unanimous vote on April 28 modifies a 2004 law banning ATVs from roads with …

Business Moves

AmWINS, Beacon Risk Strategies Charlotte, N.C.-based AmWINS Group Inc. acquired Beacon Risk Strategies, a Seattle-based managing general underwriter of excess-loss benefits insurance. Terms of the transaction were not disclosed. Founded in 1999, Beacon Risk Strategies provides stop-loss products to protect …

People Austin-based Medicus Insurance Co. named Eugenie Shea president and chief operating officer. She will also serve as executive vice president of the parent company, Medicus Insurance Holdings Inc. Sheldon Davidow assumed the role of CEO of the medical professional …

People

Charlotte, N.C.-based national wholesale insurance broker AmWINS Group Inc. named James Drinkwater president of its AmWINS Brokerage division. He will be responsible for the management of the division, which is focused on property/casualty insurance brokerage operations. Prior to being promoted …