North Carolina News

Newmister Tapped as Regional V.P. for Montgomery Insurance

Montgomery Insurance, a member of Liberty Mutual Group, has named Nancy Newmister, regional vice president, Charlotte, N.C. Region. In addition to her new appointment, Newmister will continue, in the interim, as corporate underwriting vice president for Montgomery Insurance. Newmister will …

Garner and Arsuaga Join All Risks in Dallas Office

All Risks Ltd., a national independent wholesale broker and managing general agent headquartered in Hunt Valley, Md., announced that Elaine Garner and Julie Arsuaga have joined the firm in its Dallas, Texas, office. Garner joins All Risks as a broker …

Hurricane Forecasters Who Got Mild ’06 Right Warn of Active ’07

The up-and-coming hurricane researchers who accurately predicted a mild 2006 storm season, despite dire predictions of more established forecasters, said the 2007 season will be much more active — especially in the Gulf of Mexico. Two teams of researchers at …

Katrina homeowners’ lawyers cite e-mails as proof against State Farm

E-mails sent by officials of an engineering firm that assessed Hurricane Katrina claims suggest that State Farm Insurance Co. wanted engineers to blame damage on flooding so that it could make minimum settlements with policyholders. The e-mails, obtained by The …

N.C. chief blasts changes to rate-setting system

Consumers could see higher rates under legislation to eliminate the insurance commissioner’s rate approval authority that is before the North Carolina Senate, the state regulator is warning. “The insurance rate making system proposed in this legislation is almost guaranteed to …

Minn. Oswald Cos. Appoint Vice President, Healthcare Practice Leader

Minn.-based Oswald Cos. recently announced the appointment of Raymond C. Longo as vice president, healthcare practice leader. In his new position, Longo will be responsible for expanding Oswald’s client services through the innovation of new insurance and risk management products, …

N.C. CHIEF BLASTS CHANGES TO RATE SETTING SYSTEM

Consumers could see higher rates under legislation to eliminate the insurance commissioner’s rate approval authority that is before the North Carolina Senate, the state regulator is warning. “The insurance rate making system proposed in this legislation is almost guaranteed to …

Figures

7,512 The number of speeding citations issued in one weekend by North Carolina state and local police during Operation Slow Down/No Need 2 Speed highway safety campaign. The campaign cited 5,254 motorists for speeding and issued 10,901 citations for other …

News Currents

Katrina homeowners’ lawyers cite e-mails as proof against State Farm E-mails sent by officials of an engineering firm that assessed Hurricane Katrina claims suggest that State Farm Insurance Co. wanted engineers to blame damage on flooding so that it could …

Katrina homeowners’ lawyers claim e-mails as evidence

E-mails sent by officials of an engineering firm that assessed Hurricane Katrina claims suggest that State Farm Insurance Co. wanted engineers to blame damage on flooding so that it could make minimum settlements with policyholders. The e-mails, obtained by The …