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.

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

State regulators’ push to keep property insurance rates low has created a hostile environment for insurers. And with this year’s hurricane season just around the corner, that could spell disaster if a large storm hits the Sunshine State.