April 6, 2007
As far as Dick Lennox is concerned, things that go “bump” on the road are good for business. Still, even the owner of Lennox Body Shop would like to see a little less of it on local roads. An analysis …
April 3, 2007
Personal lines underwriter Jamie Canady has joined Burns & Wilcox at the broker’s Morehead City, N. C., office. Canady is experienced in high-value homeowners, personal umbrella, excess flood, vacant dwellings and excess liability coverage and will be primarily responsible for …
April 3, 2007
Texas Attorney General Greg Abbott has taken legal action against Fort Worth-based RadioShack Corporation for exposing its customers to identity theft. According to documents filed by the AG on April 2, 2007, RadioShack violated a 2005 law requiring businesses to …
April 2, 2007
Hoke County, N.C. authorities raided three houses last week and arrested three illegal immigrants, also seizing phony documents and equipment used to make them. Among the items seized were dozens of phony drivers’ licenses, birth certificates, Social Security cards, and …
April 2, 2007
North Carolina lawmakers are considering taking away the state insurance commissioner’s power to set rates for some policies, as industry groups complain the office leans toward consumers in rate disputes. Under current law, the state insurance commissioner holds hearings on …
March 27, 2007
The General Assembly in Raleigh agreed last week to remove a 25-year-old exception to the state’s child safety seat law after federal regulators said it would keep them from giving North Carolina a $1 million grant. The bill, which in …
March 26, 2007
Social Service Organizations Nuts & Bolts: Riverport Insurance Co. provides property, general liability, professional liability, automobile, crime, and excess liability coverages for social service and nonprofit organizations with flexible premium payment plans. Riverport is a Berkley company. Limits vary. Carrier: …
March 26, 2007
People Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now …
March 26, 2007
$47.5 million The total damages ordered to be paid by Merck & Co. after an Atlantic City, N.J., jury found its painkiller Vioxx contributed to an Idaho postal worker’s heart attack, reversing the verdict in the man’s first trial. It …
March 26, 2007
Social Service Organizations Nuts & Bolts: Riverport Insurance Co. provides property, general liability, professional liability, automobile, crime, and excess liability coverages for social service and nonprofit organizations with flexible premium payment plans. Riverport is a Berkley company. Limits vary. Carrier: …