North Carolina News

The artisan contractors market on the rise

As the United States’ total population creeps up on the 300 million mark, no one can call the residential construction industry a dying breed. The continuous need for housing is apparent in the nation’s fastest growing states, where new residential …

Large Manufacturing Commercial Property

Nuts & Bolts: General Casualty Ins. Cos. enhanced their commercial coverages and capacity becoming a market for additional manufacturing lines of business. The Sun Prairie, Wis.-based property and casualty insurer is now looking to write accounts with property values up …

Artisans At Work: Contractors Boom Market Paints A Complex Picture

As the United States’ total population creeps up on the 300 million mark, no one can call the residential construction industry a dying breed. The continuous need for housing is apparent in the nation’s fastest growing states, where new residential …

Wake Forest Study Reveals High Rate of N.C. Poultry Farmer Injuries

A survey of poultry workers in western North Carolina reveals high rates of injuries, as well as significant differences among poultry companies in numbers of injuries and how workers view company emphasis on safety. The survey was conducted by researchers …

N.C. Falls to Fifth Lowest Auto Insurance Rates in Nation

Insurance Commissioner Jim Long has announced in Raleigh, N.C. that the state now ranks as having the fifth lowest auto insurance rates in the nation, an improvement of three places over last year’s ranking as the eighth lowest. States bordering …

O’Donnell Joins Russell Bond in Syracuse Office

Elizabeth O’Donnell has joined Russell Bond & Co. as a broker specializing in the placement of large property and casualty accounts and business development operating from Syracuse N.Y. O’Donnell has more than 20 years of retail and wholesale excess and …

N.C. Felons Bonded Out, Apprehended on Additional Fraud Charges

Terry Tew and John Daniel Clapper, both of Clinton, N.C. have been apprehended by the Sampson County, N.C. Sheriff’s Office for taking out fraudulent insurance policies on water craft and several pieces of heavy equipment. The two men were already …

N.C. Agriculture Losses $19.6M From Hurricane Ophelia

Hurricane Ophelia resulted in damages to North Carolina’s agricultural industry amounting to $19.6 million, based on reports tabulated from 13 counties. According to the North Carolina Department of Agriculture and Consumer Services, affected crops include corn, cotton, peanuts, soybeans, sweet …

N.C. Audit Reveals Insurance Commission’s Questionable Expenses

A state audit has found Insurance Commissioner Jim Long and his deputies should have more closely monitored questionable expenses from a trust for insolvent insurance companies on meals, travel, computers and other items. According to the Raleigh News & Observer, …

States Take on Hurricane Relief

The wheels of state governments across the continent are spinning into action to cope with the far-reaching devastation of Hurricane Katrina. Nearly all states are pitching in somehow. At least 40 states are providing military manpower to restore order in …