North Carolina News

Choate to Head Aon Risk Southern Region

Aon announced that William M. Choate has been appointed executive vice president in charge of the middle market and head of Aon Risk Services’ Southern Region. A 25-year industry veteran, Choate has held a number of senior positions in the …

New Markets

Wedding Insurance Nuts & Bolts: Travelers recently launched Wedding Protector Plan, which provides coverage with no deductible for a variety of unfortunate occurrences associated with a wedding event. For example, coverage is provided if a hurricane causes the necessary and …

My New Markets

Nursing Home Liability Nuts & Bolts: Quadrant Insurance Managers, a national management general agency, has expanded its nursing home liability product into Texas. This product offers professional and general liability coverage to Texas and Florida nursing homes (skilled nursing facilities); …

My New Markets

Wedding Insurance Nuts & Bolts: Travelers recently announced the launch of the Wedding Protector Plan, an insurance policy covering weddings. The Wedding Protector Plan provides coverage, with no deductible, for a variety of unfortunate occurrences associated with a wedding event. …

N.C.: Reynolds American CEO Received $6.4 Million Compensation Package

Susan M. Ivey, chairman and chief executive of Reynolds American Inc., received a compensation package valued by the company at $6.4 million for 2006, according to a proxy statement filed last week. Ivey received a salary of $1.14 million, incentive …

Where can the agricultural producer turn for economic relief?

Winter storms force farmers and ranchers to take a close look at how to protect their revenue In the wake of the devastating January 2007 agricultural events, including the citrus freeze in California and the Colorado livestock blizzard, farmers and …

A.M. Best Withdraws N.C.’s Arrowpoint Capital Ratings at Company’s Request

At the request of Arrowpoint Capital Corp., A.M. Best Co. has withdrawn the financial strength ratings for the insurance company’s three risk-bearing entities: Royal Indemnity Company, Royal Surplus Lines Insurance Company and Security Insurance Company of Hartford. The request was …

Business Moves

Hub, Apax, Morgan Stanley Hub International Limited, which got its start in 1998 when 11 Canadian brokers merged and has since grown through acquisitions into one of the largest insurance brokers in North America, is being acquired by funds advised …

My New Markets

Wedding Insurance Nuts & Bolts: Travelers recently announced the launch of the Wedding Protector Plan, an insurance policy covering weddings. The Wedding Protector Plan provides coverage, with no deductible, for a variety of unfortunate occurrences associated with a wedding event. …

Business Moves

Hub, Apax, Morgan Stanley Hub International Limited, which got its start in 1998 when 11 Canadian brokers merged and has since grown through acquisitions into one of the largest insurance brokers in North America, is being acquired by funds advised …