North Carolina
Two insurance trade groups are lobbying North Carolina’s legislature for for auto insurance reforms, including an incremental approach to decreasing the number of motorists in the state’s high-risk auto insurance pool.
Digital Insurance completed its eighth acquisition in the past eight months, part of its “aggressive” expansion mode in employee benefits in the small- and medium-sized business market.
BB&T’s insurance income up slightly in first quarter
BB&T Corp., a bank holding company with insurance operations, reported $250 million in insurance income in the first quarter of the year.
A Wilkes County, N.C., insurance agent pleaded guilty to 14 counts of misdemeanor larceny, reduced from felony insurance fraud, for misrepresenting her loss after a fire in her home.
A Richmond, Va., businessman, whose companies were barred from selling in Virginia for 120 days, pleaded guilty to participating in an investment scheme involving a handful of insurance companies.
Will employment gains boost local insurance activity?
Employers across the country in each of the 13 industry sectors plan to hire more employees in this quarter, meaning a possible boost in insurance activity.
Joseph Marci joined Charleston, S.C.-based Iroquois Group as a regional manager for North Carolina and South Carolina. He previously served in underwriting and sales positions with CNA.
N.C., N.J. entities ordered to stop Internet health plan sales in Conn.
Connecticut’s insurance commissioner has issued a cease and desist order against companies in New Jersey and North Carolina, and against a New Jersey man for marketing limited health benefit plans in the state without licenses.
U.S. antitrust probe of Blues widens to Md., N.C., 4 other licensees
The U.S. Justice Department has expanded an investigation of Blue Cross/Blue Shield licensees’ alleged anti-competitive agreements with hospitals beyond Michigan, where it filed an antitrust lawsuit against the insurer.
Capital Guardian expands with new office on coast of North Carolina
A new financial advisor for Capital Guardian Wealth Management has opened a new independent office in Wilmington, N.C.

Federal health reform would add 10,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees
Health care cost at all-time high, despite lower rate of increase

Life insurers sell shares in British tech firm to Pa. company
FINRA estimate for IA SROs excludes monetary, administrative details
Most insurance agencies seeing better results than last year

Pa. broker adds $181,000 commission to $2.1M false insurance invoice
A.M. Best rates Pa.-based insurer’s outlook ‘negative’
With five-year plan stuck, House passes new short-term NFIP extension


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