March 17, 2008
A Wilmington, N.C. fire captain died last week when his helicopter crashed and exploded near the city, authorities said. John Miller was the only passenger in the helicopter, said Sgt. Craig Bredenbeck of the New Hanover County Sheriff’s Office. He …
March 14, 2008
Florida ranks the worst in terms of tort costs and litigation risks, while North Dakota ranks the best. In a separate ranking, Colorado has the best tort laws on its books, while Rhode Island has the worst. The free-market think …
March 13, 2008
Workers’ compensation costs per claim in Massachusetts were typical among 14 study states, but grew rapidly in four out of five study years, including a nearly 10 percent increase in 2005 claims evaluated in 2006. The study by Cambridge, Mass.-based …
March 12, 2008
A Guilford County, North Carolina company has been fined more than $17,000 for violations found after the death of a teenager who became entangled in a grinder. The News & Record of Greensboro, N.C., reported that the state Labor Department …
March 12, 2008
Raleigh, N.C.-based Global Risk Holdings acquired Maitland, Fla.-based North American Risk Services from Clarendon National Insurance Co., according to NARS officials. Global Risk Holdings, in conjunction with members of the North American Risk Services management team, have acquired all of …
March 10, 2008
Last-minute surprises closed out North Carolina’s candidate filing period Feb. 29, as hundreds of candidates began their official runs for elected office. Former House co-Speaker Richard Morgan, a Republican insurance executive voted out of office amid party infighting in 2006, …
March 10, 2008
The Alabama House has approved legislation that would bring Alabama in line with about half the South by raising the minimum amount of auto liability insurance that motorists must buy. The House voted 82-0 for legislation by Rep. Marc Keahey, …
March 10, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …
March 10, 2008
Two firefighters died and three others were injured while battling a fire that destroyed a central North Carolina woodworking company last week. Firefighters Justin Monroe, 19, and Victor Isler, 40, died from injuries they got while trying to contain the …
March 10, 2008
$41 Million A $41 million settlement has been reached between pharmacy benefits management firm Caremark Rx LLC and 29 states over charges that the company and two of its subsidiaries, Caremark LLC and CaremarkPCS LLC (formerly AdvancePCS), engaged in deceptive …