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NORTH CAROLINA JOINT UNDERWRITING

EIN: 56-1222676Raleigh, NCZIP: 27607
501(c)(6)

Mission

IN 1969, THE NORTH CAROLINA GENERAL ASSEMBLY ESTABLISHED THE ASSOCIATION AS A MARKET OF LAST RESORT TO PROVIDE PROPERTY INSURANCE FOR INDIVIDUALS AND BUSINESSES WHO ARE UNABLE TO BUY IT IN THE STANDARD INSURANCE MARKET. ALL PROPERTY AND CASUALTY INSURANCE COMPANIES DOING BUSINESS IN NORTH CAROLINA ARE REQUIRED BY STATUTE TO PARTICIPATE IN FUNDING THE OPERATIONS OF THE ASSOCIATION, AND THEY SHARE IN ITS LOSSES ON PRO RATA BASIS. THE ASSOCIATION IS NOT AN AGENCY OF THE STATE GOVERNMENT, BUT ITS REGULATED BY THE NORTH CAROLINA COMMISSIONER OF INSURANCE.

Financials

YearRevenueExpensesAssets
2023$165.5M$0$177.6M

Compensation

DIANNE HARDY
Chief Executive Officer
chief executive officer
$473,911
$40,000
$1,010
$562,623
ALVIN ASHWORTH
Chief Operating Officer
chief operating officer
$331,747
$41,448
$1,770
$426,402
ROBERT EADES
Chief Claims Officer
key employee
$238,230
$34,587
$1,010
$322,903
TEKEELA BARNES
Chief Information Officer
chief information officer
$222,356
$34,451
$1,010
$304,802
SONYA CHAMPION
Director of Human Resources
highest compensated employee
$217,468
$29,220
$1,770
$279,693
REGINA O'CONNOR
Director of IT (To Mar '23)
chief information officer
$176,653
$28,560
$1,010
$252,089
MICK QUINLAN
Director of IT (From Apr '23)
chief information officer
$161,139
$49,327
$1,294
$243,910
VICKI FISHER
Director of Claims
highest compensated employee
$183,988
$23,534
$1,010
$234,795
ALLEN HOUCK
Chair
board chair
$0
$0
$0
$0
ALEX GARATE
Board Member (From Jun '23)
board member
$0
$0
$0
$0
TINA FORSBERG
Board Member
board member
$0
$0
$0
$0
ERIC HAMMONS
Vice Chair (From Jun '23)
board vice chair
$0
$0
$0
$0
ERIC VAITH
Board Member
board member
$0
$0
$0
$0
HOPE KORNEGAY
Board Member
board member
$0
$0
$0
$0
STEVE HALL
Board Member (From Jun '23)
board member
$0
$0
$0
$0
REGINALD WRIGHT
Board Member
board member
$0
$0
$0
$0
PATRICK JOYCE
Board Member
board member
$0
$0
$0
$0
JARRETTE SAMPSON
Board Member
board member
$0
$0
$0
$0
MONICA GARDNER
Board Member (From Nov '23)
board member
$0
$0
$0
$0
JOHN MILETTI
Board Member
board member
$0
$0
$0
$0
BOB MESSIER
Chair (To Mar '23)
board chair
$0
$0
$0
$0
BRAD LOVIN
Board Member
board member
$0
$0
$0
$0
ROBERT YANCEY
Board Member
board member
$0
$0
$0
$0
PATRICK WEIL
Board Member (To Mar '23)
board member
$0
$0
$0
$0
CHRIS FRISBIE
Board Member (To Jun '23)
board member
$0
$0
$0
$0

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