Insurer plans expansion adding 625 North Carolina jobs

0

RALEIGH, N.C. (AP) – A New York City-based insurance company is planning a big expansion of North Carolina operations and adding about 625 jobs.

A state committee that approves major tax breaks on Thursday said National General Holdings Corp. planned to grow beyond the 1,400 workers it now employs in Winston-Salem and elsewhere. The committee approved incentives that could be worth $6.7 million from state and local governments over 12 years.

- Advertisement -

The new jobs being added by 2023 would pay an average of more than $55,000, greater than the $51,000 a year county average. The expansion is expected to involve customer service, technology, actuarial, sales, accounting and other office jobs.

National General formerly operated in Winston-Salem for decades as GMAC Insurance Group. It sells car, home, health and life insurance.

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)