North Carolina News

N.C. fire chief: Apex plant chemicals unknown

The fire chief for the town of Apex told a North Carolina state task force that he was prepared to lose an entire city block when a chemical fire ignited an industrial waste recycling plant last month because he didn’t …

People The Independent Insurance Agents of North Carolina announced the election of Kathy Lance of The L.N. Davis Co. in Waynesville, as its new president. Lance, the first female to hold the office, has been a member of the IIANC …

Figures

$20 million The amount about 400 people should receive from monies held by Lexington, Ky., lawyers who sued American Home Products in 2001 on behalf of users of the fen-phen diet drug. Special Judge William Wehr ordered that funds be …

Southeast tops top 10 hurricane-prone areas

Dr. Stephen P. Leatherman, director of the International Hurricane Research Center at Florida International University, in Miami released the Top 10 List that nobody wants to be on: the 10 Most Vulnerable U.S. Mainland Areas to Hurricanes: 1. New Orleans …

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 …

News Currents

IIABA president: contingency commission crisis threatens agents For a small to mid-size independent insurance agency, contingency commissions can determine whether the business survives, according to many in the industry. That explains why Alex Soto, a Miami agent who is also …

News Currents

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 …

People

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. …