The largest U.S. electricity company is permanently closing a Florida nuclear power plant after botched repairs and refunding consumers $835 million from an insurance settlement. Charlotte, N.C.-based Duke Energy said Tuesday it will close its Crystal River Nuclear Plant north …
A divided auto insurance industry will try again this year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs are low …
A divided auto insurance industry will try again next year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs are low …
Two weeks ahead of the election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have to prove they should be allowed to increase homeowners’ premiums by a statewide average of 17.7 percent. The move by …
North Carolina transportation officials suspended all ferry service to Ocracoke Island on North Carolina’s Outer Banks on Saturday, leaving hundreds of residents and guests no way to reach higher ground as Hurricane Sandy threatened the coast with heavy winds and …
Two weeks ahead of an election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have to prove they should be allowed to increase homeowner’s premiums by a statewide average of 17.7 percent. The move by …
A long-time Duke Energy Corp. director who led the surprise CEO ouster at the country’s largest electric company said Friday that reasons for the move included a long-delayed update on insurance payments for a troubled Florida nuclear power plant and …
North Carolina’s Blue Cross plan and the national Blue Cross licensing organization asked a federal court to reject a lawsuit claiming the company’s network of insurance plans across the country are limiting competition. The lawsuit contends the practice that bars …
At a time when businesses have taken on traditional government tasks, from running schools to space launches, North Carolina’s Supreme Court is being asked to decide what tasks a municipality can perform and still remain protected from lawsuits. The court …
Federal regulators last week allowed North Carolina insurers a one-year delay in meeting a benchmark requiring that more of each health insurance premium dollar to go toward medical services and less toward overhead and bonuses. The decision by the U.S. …
