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One week after the General Assembly passed reforms to the state's coastal insurance plan, AAA Carolinas will begin offering homeowners insurance throughout the state.
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The General Assembly last week passed reforms in the so-called Beach Plan, which is intended to be the insurance of last resort for coastal residents.
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Auto insurance refunds to be mailed this week MONDAY, MAY 3, 2010 - (Updated 3:22 pm) Greensboro News-Record RALEIGH — About one million North Carolina policyholders will begin receiving refund checks this week from their auto insurance companies totaling more than $50 million The refund distribution is a result of the 2009 auto rate settlement with the N.C. Rate Bureau. The refunds will occur in two different waves, the first starting this week and the second starting on Nov. 1.
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Insurance Federation Launches Ad Campaign Shift to Comparative Fault Could Cost Consumers $150 million RALEIGH, N.C., May 12 /PRNewswire/ -- The Insurance Federation of North Carolina launched radio ads statewide today to alert consumers that a change in how state courts handle accident and injury cases could cost them $150 million.
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Tort reform subject of NC insurance industry ad GARY D. ROBERTSON - ASSOCIATED PRESS WRITER RALEIGH, N.C. -- North Carolina's leading property and liability insurers are taking their case to the public to impede an effort in the Legislature to change how monetary awards are determined when somebody gets hit by a car while crossing the street or slips on an icy sidewalk. The Insurance Federation of North Carolina said it began running radio ads Wednesday - the opening day of this year's legislative session - it says will educate listeners on how a proposal to change the rule for negligence cases would raise their insurance rates if approved.
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RALEIGH -- North Carolina's legal climate is vital to our state's overall jobs climate. The laws that determine how civil lawsuits are handled in North Carolina affect all of us - those who sue and those who defend themselves against lawsuits, including employers of all types and sizes. A civil liability system that is balanced and fair contributes significantly to a favorable environment for jobs and is good for all North Carolinians.
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