North Carolina News

Motorcycle Fatalities on the Rise in Carolinas, Helmet Laws Scrutinized

Motorcycle fatalities in South Carolina increased in 2007 compared with previous years. There were 120 deaths last year compared with 106 fatalities the previous year and 94 deaths in 2005. Safety officials say there are several reasons for more deaths …

Top Insurance Stories in 2007 in Southeast

High heat, changing winds put reputations on the line. 1. Florida’s gamble “It’s all about rates,” maintained Sam Miller, of the industry’s Florida Insurance Council. Florida lawmakers in January passed controversial legislation they hoped would lower Floridians’ skyrocketing property insurance …

Declarations

The Worst Storm “This is without question the worst ice storm in state history, and it will require a historic response from all levels of government.” —Oklahoma Gov. Brad Henry, following severe ice storms that hit his state in December …

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. Recruiters Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC is offering a recruiters’ professional …

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. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …

N.C. Building Code Could Affect Insurance Rates

Some North Carolina coastal residents could see a spike in their insurance rates because of a recent decision by the North Carolina Building Code Council. The council toughened the coastal housing code for wind-borne debris. The code now extends the …

N.C. Building Council Rejects Firefighters’ Request for Home Sprinklers

The North Carolina Building Code Council declined to consider a request that sprinkler systems be required in new large or multistory homes, a setback for firefighters who sought the change following an October beach house fire that killed seven college …

Drought Conditions

Throughout the year, states from North Carolina to Florida faced drought conditions that mostly affected farmers and firefighters, not insurers. But the insurance industry watched closely as the fire danger was raised in the Southeast by the drought. The exceptionally …

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. Recruiters Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC is offering a recruiters’ professional …

La. Lawmakers O.K. $29 Million for Property Insurers

Lawmakers approved using $29 million in taxpayer money as a financial incentive to bring five new property insurance companies to Louisiana. The Department of Insurance required approval from the Legislature’s Joint Budget Committee before they could issue checks to qualified …