Allstate Corp. announced this week that customers living in areas hard-hit by hurricanes and other natural disasters, including North Carolina, are likely to see their premiums rise this year as a result of the insurer’s costly new reinsurance obligations. The …
The acquisition of the assets of Axiom Intermediaries LLC of Stony Creek, N.C. has been completed by Brown & Brown Inc. of Daytona Beach, Fla. Axiom Intermediaries, with approximately $14.0 million in annualized revenues, is a reinsurance intermediary and consulting …
Firefighters in Oklahoma remained geared up Monday, Jan. 2 after 25 grassfires ravaged hundreds of acres across Oklahoma City. The fire crews battled blazes from about 7 a.m on Sunday, Jan. 1 until about 7 a.m. Monday, Oklahoma City Fire …
The president of a small North Carolina insurance agency accused of shooting his two partners was upset because they wanted to sell the business, authorities said. James T. Tedesco, 37, has been charged with two counts of attempted first-degree murder …
The hurricane season made 2005 a year-to-remember, with the southeast encountering the busiest hurricane season of the century, with 26 named storms and 13 hurricanes, meteorologists used up the list of 21 proper names and had to resort to the …
Jim Tedesco, 37, was charged on Tuesday morning with two counts of attempted first degree murder from a double shooting Monday at his east Asheville, N.C. business. Tedesco made his first court appearance Tuesday morning after being arrested by Asheville …
Susan Alford has been named executive vice president and southeast region head for Aon Consulting in Atlanta. The promotion is effective Jan. 1. Alford will be responsible for Maryland, Virginia, North Carolina, South Carolina, Georgia, Alabama, Tennessee and Florida. In …
Insurance House of Marietta, Ga. has opened a new Durham, N.C. office for Deering & Assoc., its wholly-owned subsidiary. The move more than doubles the size of the original office. Personal lines will be managed from the company’s Winston-Salem, N.C. …
The FBI has formed The Gate Cutters Jewelry Task Force to partner with local police and the gem industry in trying to catch a team that has burglarized more than 50 jewelry stores on the East Coast, often by cutting …
Dan Carmichael Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Seth Davis Carmichael joined Ohio Casualty …
