Forecasters agree: 2007 Atlantic hurricane season to be busy one Weather forecasters agree that the 2007 hurricane season, which runs from June 1 through Nov. 30, with peak activity in August through October, should be a busy one. The National …
As the 2007 Atlantic hurricane season became official, Colorado State University’s well-known weather researcher William Gray stood by his earlier April prediction that this will be a storm period “much more active” than normal. His team estimates that 2007 will …
Unlike Florida’s Capitol in Tallahassee, where lawmakers have taken a number of actions to address the state’s insurance crisis with arguable results, solutions at the federal level have been hard to come by. Not long after Hurricane Andrew smashed through …
BB&T Insurance Services said it plans to expand its metro Atlanta operation with the acquisition of Reese Insurance Associates Inc. of Riverdale, Ga. Reese provides both commercial and personal property and casualty coverage as well as group benefits insurance. “The …
American homeowners could save $11.6 billion annually if private funded catastrophe programs were enacted in disaster-prone states and backed by a similar national program, according to Milliman Inc., an actuarial and consulting company based in Washington. According to the report, …
Gov. Mike Easley said he is comfortable the state could respond to a major hurricane strike, even though he has complained often that the demands of the Iraq War has left the North Carolina National Guard stretched too thin. “We …
Leaders of the North Carolina General Assembly say legal loopholes that allow speeders to avoid punishment should be changed immediately, including the practice of judges who allow high-speed offenders to keep their driver’s licenses and avoid higher insurance premiums. Speeding …
Max Specialty Insurance Co., based in Richmond, Virginia, is now an eligible surplus lines carrier in 45 states, with the recent addition of New York, North Carolina and Kansas. Max Capital Group Ltd.,through its operating subsidiaries, provides specialty insurance and …
Some Gulf Coast residents are preparing for future hurricane seasons by rebuilding with the help of a North Carolina company that specializes in storm-resistant homes. Security Building Group LLC, a Sneads Ferry, N.C. company, specializes in building Atlantic Coast homes …
Out-of-state residents who obtain automobile insurance in North Carolina fraudulently to get cheaper premiums would be guilty of a felony in a bill that the House approved unanimously this week. The state Insurance Department sought the bill after accusations that …
