There are more than a half million enterprises in the restaurant and bars market generating approximately $5.5 billion in all lines premium. This is a sector that has enjoyed generally solid to exceptional growth in sales and employment in recent …
AmWINS, Beacon Risk Strategies Charlotte, N.C.-based AmWINS Group Inc. acquired Beacon Risk Strategies, a Seattle-based managing general underwriter of excess-loss benefits insurance. Terms of the transaction were not disclosed. Founded in 1999, Beacon Risk Strategies provides stop-loss products to protect …
MyNewmarkets.com, the Web site with a searchable online directory that brings together agents seeking property/casualty insurance markets with the market providers, is expanding its content to include in-depth analysis and reporting on technical and coverage issues. Christopher J. Boggs has …
Marines from Camp Lejeune, N.C. have to register their vehicles and driving records as part of a new safety order meant to reduce traffic fatalities. The new safe driving program comes in the wake of a rash of accidents. The …
The rapid pace of development along hurricane-prone coasts is adding a new level of urgency for forecasters to more accurately pinpoint potential storm impact zones, the director of the National Hurricane Center said. Recent studies show most coastal growth in …
A small section of a four-story parking deck near SouthPark Mall in Charlotte, N.C. collapsed, but authorities say no one is hurt. Charlotte Fire Department Captain Rob Brisley said a few cars suffered some minor damage. The deck is next …
The Alabama Legislature is ready to raise the minimum amount of auto liability insurance that motorists must purchase. The current limits under Alabama’s mandatory insurance law are $20,000 for a single injury or death, $40,000 for multiple injuries or deaths, …
North Carolina Gov. Mike Easley dispatched damage assessment teams comprised of state and local officials to Jones and Bertie counties to begin the process of assessing damage from the storm that swept through the area on May 11. The Jones …
NSM Insurance, Insurex NSM Insurance Group, a national wholesaler and program manager based in Conshocken, Pa., has acquired Insurex, a California-based workers’ compensation brokerage. The acquisition “immediately expands our ability to provide new national workers’ compensation markets to our independent …
Charlotte, N.C.-based wholesale insurance broker AmWINS Group, Inc. has named James Drinkwater president of its AmWINS Brokerage division. Drinkwater will be responsible for the day-to-day management of the division. Prior to being promoted to this role, Drinkwater served as the …
