North Carolina News

BMS Names New N.C.-Based Senior Vice President

BMS Intermediaries, the North American arm of the BMS Group named Christopher J. Farina as senior vice president. Farina was formerly a vice president at Axiom Re Inc. He will be based in Burlington, N.C., and will be teaming with …

N.C. Man Sentenced in Fires at 3 Greenville Churches

A man who pleaded guilty to setting fires at three Greenville, N.C., churches last year has been sentenced to 10 years to 12 years in prison. A Pitt County Superior Court judge sentenced 28-year-old Seth Parker Price of Farmville, N.C., …

Only Way to Mainland, Bridge Safety Concerns N.C. Drivers

Catwalks on the Herbert C. Bonner Bridge have been repaired. Up next is the beginning of the nitty-gritty structural repair work on the only land link to North Carolina’s Hatteras Island. Contracts have been let on projects to rehabilitate the …

Christel Sarchet Joins Mystic Capital

New York (Dec. 18, 2007) – The ever-expanding investment banking firm, Mystic Capital Advisors Group, LLC, is pleased to announce its newest associate: Christel Sarchet. Ms. Sarchet joins Mystic Capital as a Vice President. Sarchet spent the past 5 years …

N.C.’s Operation ‘Drive to Live’ Focuses on Teen Driver Safety

North Carolina state and local law enforcement officials alongside First Lady Mary Easley kicked off Operation Drive to Live last week. The N.C. Department of Crime Control and Public Safety and the Highway Patrol sponsored the initiative to reduce traffic …

N.C. Coastal Towns Fear Change Will Increase Flood Insurance Rates

Some 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 zone for …

N.C. Court Gives Unlicensed Employer Organization Temporary Reprieve

The Superior Court of Wake County, N.C., extended and continued a temporary stay for Castleton Group Inc., a professional employer organization based in Raleigh to remain in operation for an additional 60 days. North Carolina Insurance Department officials denied an …

N.C. Could Face $43 Million Shortfall in Insurance Plan

North Carolina might be looking at a $43 million shortfall with a children’s health insurance program next fall if Congress doesn’t resolve a stalemate. Congress and President Bush have been at odds over expanding insurance coverage for low-income children. Each …

N.C. Building Council Declines Proposal on Sprinklers in Some Homes

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 …

N.C.-Based BB&T Insurance Services to Acquire Georgia Agency

BB&T Insurance Services announced plans to expand its metro Atlanta operation with the acquisition of Ott & Co. of Alpharetta, Ga. Founded in 1978, Ott & Company is a full-service employee benefits brokerage providing medical and dental benefits, life insurance, …