William “Billy” Nutt has left his position as CEO of United Guaranty, the mortgage insurance unit of troubled insurance giant American International Group.

Hara Software Inc. emerged from stealth mode Monday with $6 million in funds from Kleiner Perkins Caufield & Byers.

First Community Bank, a Virginia lender that operates Greenpoint Insurance in Raleigh and in the Triad, is joining the list of banks aiming to cash out of the U.S. Treasury Department’s TARP program.

Insurance Commissioner Steve Poizner has yet to submit his recommendation on where workers’ compensation premium rates should congregate for July 1’s mid-year filings, but some companies are jumping the gun with rate increases far lower than some observers expected.

The nation’s largest mortgage insurer has rejected $334 million in claims since early 2008, contending the loan documents contained false or flimsy information.

Protective Life Corp. CEO John Johns has been with the Birmingham-based life insurance firm since 1993.