North Carolina News

Lawyers, businesses groups tackle Oregon product liability laws

Business advocates and trial lawyers could be headed for a showdown over Oregon’s product liability laws before the legislative session comes to its scheduled end, and the verdict is anything but certain. The fight is over the ban Oregon places …

My New Markets

General Liability – Builders & Contractors Nuts & Bolts: Golden Insurance Co. is providing primary and excess general liability insurance to homebuilders, remodelers and subcontractors. HOA and multifamily work is acceptable. Dollars: $300,000 to $2 million. Carrier: Golden Insurance Co. …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. This broad coverage includes: general liability, excess/umbrella liability, workers’ compensation, property, auto and first and third party dishonesty …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. This broad coverage includes: general liability, excess/umbrella liability, workers’ compensation, property, auto and first and third party dishonesty …

Business Moves

AmWINS, American Equity Underwriters AmWINS Group Inc., a Charlotte, N.C.-based national wholesale insurance broker, has acquired The American Equity Underwriters Inc., a provider of insurance programs for maritime employers with a special expertise in United States Longshore and Harbor Workers …

Business Moves

Lancashire Insurance Co. Lancashire Insurance Co. Ltd. gained approval to provide insurance coverage on an excess and surplus basis for properties located in South Carolina. Lancashire intends to focus primarily on coastal windstorm and earthquake coverage for all classes of …

Report: Calif., Minn., N.J., N.C. Have Worst Traffic; N.D., S.C. Have Best Roads

Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …

Heat and Dry Conditions Held Responsible for Reigniting N.C. Fires

Hot, dry weather over the past 10 days has rekindled a fire in North Carolina’s Pisgah National Forest, authorities said Monday. Over the last couple weeks, the fire at Shortoff Mountain has grown from 1,900 acres to 3,000 acres, according …

N.C. Man Arrested in Workers Compensation Scheme

North Carolina Insurance Commissioner Jim Long announced the arrest of Eric Stanley Stokes, charged with one count of obtaining property by false pretense. Stokes, 43, of 5914 Hidden Meadow Ln., Charlotte was processed at the Mecklenburg County jail and released …

N.C. Legislators Spar on Toughman, Mixed Martial Arts Fighting

Although professional boxing has taken it on the chin with declining public interest nationally, new types of organized fighting are getting attention at the North Carolina General Assembly as their popularity grows. “Many people say it’s legalized street fighting,” said …