Regional news: 
North Carolina
Policyholders lax on updating life insurance beneficiary information
Most life insurance policyholders have spoken to their beneficiaries about their policy, but are lax in updating policy information, according to a new survey.
GMAC Insurance Personal Lines intends to expands its North Carolina presence with the acquisition of an Alabama-based insurance company that has been writing policies exclusively in North Carolina for four years.
COBRA subsidy’s end will add millions to rolls of uninsured
A federal program allowing people who lose their jobs to keep the employer-provided insurance expired Aug. 31 after three extensions, leaving millions of beneficiaries and their dependents uninsured.
Hurricane Irene wrath is rising insurance losses; this year tops 2010
Hurricane Irene’s weekend march up the Atlantic Coast caused at least 20 deaths, left millions without power and left a path of destruction from Florida to Maine.
Hurricane Irene: Private-sector insurance sound; state-run doomed
Private-sector insurers have more than enough financial resources to cover any damage caused by Hurricane Irene, although state-run property insurers may not be so lucky, an insurance association says.
Consumer-directed health plans increase in number, decrease savings
The number of consumer driven health plans (CDHPs) continues to grow, leading to a decline in the percentage of savings from these plans, a new study says.
Guaranteed products dominate as new variable annuity offerings triple
The number of new variable annuity products tripled in the second quarter, with lifetime guaranteed withdrawal benefits continuing to dominate the market.
Allstate agents approve unionizing to fight 20% compensation cut
A collection of Allstate Insurance agents, facing a possible compensation cuts of 20%, voted overwhelmingly to form a union.
BB&T Insurance now selling homeowners’, travel policies online
A Winston-Salem, N.C.-based insurance company announced that its members now can buy homeowner’s and travel insurance, as well as other products, on its website.
The company operates in Maryland, Virginia and … Read →
A Golden Valley, Minn.-based health provider signed an agreement to acquire a technology services company to design health care exchanges that better attract and serve insurance consumers.
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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