North Carolina News

New Markets

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. Oil and Gas Well Drilling Contractors

Contractors’ Insurance: The Hard Sell for the Soft Market

Selling Long-term Relationships over Short-term Savings For contractor Paige Smith of Neuse Tile Service Inc. in Youngsville, N.C., the increase in cold calls she is receiving from insurance agents is a sure sign of the industry’s softening market. A couple …

Accident Fund Names Znidarsic Vice President of Information Services

Accident Fund Insurance Company of America recently announced that Richard Znidarsic has been named vice president of Information Services. In his role on the executive team, Znidarsic oversees all new technology and development, systems maintenance and support, hardware systems support, …

Pittsfield, Maine Being Considered for 200-job Call Center

Pittsfield, Maine is one of four towns under consideration by a North Carolina company for a new call center that could employ up to 200 people. Global Contact Services, which runs 11 call centers in six states, is holding a …

LMC Capital Names Vaughn Managing Director

Charlotte, N.C.-based LMC Capital LLC, named Patrick Vaughn as managing director. He will lead LMC’s M&A practice for insurance technology and services companies. Previously, Vaughn was a managing director at Triarch Partners, a Charlotte, N.C., boutique investment bank, where he …

13 Companies Approved to Self-Insure for Workers’ Comp in Texas

Thirteen companies with approximately 183,200 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance (TDI), Division of Workers’ Compensation Self-Insurance Program. The department announced that Commissioner of Workers’ …

Fire from Debris Burn Scorches 250 Acres after N.C. Burn Ban Lifted

A debris burn that apparently got out of control scorched approximately 250 acres in Washington County, N.C., on Sunday, just four days after the state temporarily lifted an outdoor burning ban. No injuries were reported and only a few people …

N.C. Woman Pleads Guilty to Workers’ Compensation Insurance Fraud

West Virginia officials announced that a Raleigh County woman pleaded guilty to fraudulently obtaining workers’ compensation benefits exceeding $3,800.00. On May 15, 2007, a Raleigh County Grand Jury indicted Angel M. Delung, 34, of Shady Springs, W. Va., on one …

CarInsurance.com Adds Insurance Carriers for 2008

CarInsurance.com, which sells auto insurance over the Internet, has added more carriers to its current 28 state agency product offering. In November and December 2007, the firm expanded and now offers Encompass Insurance – Allstate and Progressive Drive in Arizona; …

North Carolina to Lift Burning Ban, Hoping to Fight Fire with Fire

North Carolina officials plan to temporarily lift the ban on open burning to allow people time to burn off forest debris that can fuel wildfires. North Carolina Department of Environment and Natural Resources Secretary Bill Ross lifted the ban Wednesday …