North Carolina News

People and Places

Tom Rodell, resident managing director of Aon Risk Services of San Francisco, was named the 2007 chairman of The Council of Insurance Agents & Brokers. He is the first person to serve twice in the position. He succeeds Charles R. …

New coverage aims to provide benefits when partners part ways

If John Logan has his way, sometime in the very near future, people across the globe will be able to purchase insurance coverage against the potential financial devastation often caused by divorce. Logan, chairman and CEO of SafeGuard Guaranty Corp., …

Declarations

Ups and downs “It now appears clear that the industry’s record profits in 2004 and 2005, and the exceptional record profit about to be reported for 2006, are due in large part to the years of huge rate hikes in …

Long Island makes Top 10 Hurricane-Prone List

Dr. Stephen P. Leatherman, director of the International Hurricane Research Center at Florida International University in Miami, released his list of the Top 10 Most Vulnerable U.S. Mainland Areas to Hurricanes. Not surprisingly, New Orleans tops the list. The other …

People and places

David Soucy, a third generation owner of the family independent insurance agency, Soucy Insurance Agency, of Woonsocket, R.I., was sworn in as president of the Independent Insurance Agents of Rhode Island at the association’s 106th annual conference. IIARI also elected …

Insurance not to blame for high cost of doing business in Mass.

A study by a Boston-based think tank shows that Massachusetts firms in nine selected industries including financial services have costs that are on average 20 percent to 30 percent higher than similar companies in Texas, North Carolina and New Hampshire. …

Former Enron CEO Skilling sentenced to 24 years, 4 months

Standing before a federal judge and pleading for his life, Jeffrey Skilling looked contrite, hands folded below his waist, his voice at one point halting as he talked about Enron Corp., the failed company he headed and drove to the …

Former Enron CEO Skilling sentenced to 24 years, 4 months

Standing before a federal judge and pleading for his life, Jeffrey Skilling looked contrite, hands folded below his waist, his voice at one point halting as he talked about Enron Corp., the failed company he headed and drove to the …

Flying solo now, former Zurich executive ‘gooses ‘ agents

A retired insurance industry executive turned turbo-charged motivational speaker told a group of independent insurance agents that they are the greediest people he has ever met. Ray Thomas, a former Zurich North America Small Business CEO, meant his remark as …

People

Chris Hughes, with Swingle, Collins & Associates, is the new president of the Independent Insurance Agents of Dallas. Swingle Collins reported that Hughes joins officer ranks with firm president, Frank Swingle, whose term as president-elect of the Independent Insurance Agents …