Cameras watching intersections to deter drivers from running red lights may have an unwanted side effect, an increase in rear-end collisions, some studies show. In some cases, drivers who fear they’ll be caught on camera running a red light slam …
Alliance Mutual Insurance Company, based in Greensboro, North Carolina, has partnered with Homes4NC, the North Carolina Association of REALTORS® Housing Opportunity Foundation, to aid those in Western North Carolina who have experienced the devastation of the recent hurricanes. With monies …
Homeowners and businesses are expected to file claims totaling an estimated $4.4 billion for insured property losses from Hurricane Frances, according to a preliminary estimate by ISO’s Property Claim Services (PCS) unit. Hurricane Frances made landfall between West Palm Beach …
North Carolina Insurance Commissioner Jim Long has advised the Federal Reserve Bank of Richmond, Va., of the potential for up to $700 million in auto rate refund checks being distributed to North Carolinians in the coming months. Long said he …
As the floods caused by Tropical Storm Jeanne slowly recede, Haitians are discovering even more devastation and loss of life. More than 1,000 persons have died in the northern city of Gonaives, and another 1,200 are still missing. Authorities fear …
Homeowners and businesses are expected to file claims totaling an estimated $4.4 billion for insured property losses from Hurricane Frances, according to a preliminary estimate by ISO’s (www.iso.com) Property Claim Services (PCS) unit. Hurricane Frances made landfall between West Palm …
U.S. Secretary of Labor Elaine Chao visited Asheville, North Carolina on Thursday to survey hurricane damage and announce a National Emergency Grant of up to $10 million, with an initial release of $3.5 million. The grant will assist workers in …
Federal disaster aid for individuals and business owners affected by Tropical Storm Frances has been extended in North Carolina to include the counties of Alexander, Bladen, Cabarrus, Catawba, Cleveland, Columbus, Cumberland, Gaston, Hoke, Iredell, Lincoln, Mecklenburg, Scotland, Robeson, and Union, …
With insurance fraud reportedly totaling an average of $80 billion a year, North Carolina-based MJM Investigations Inc. and Royal & SunAlliance have inked an agreement that emphasizes the commitment of both companies to help reduce the rising cost of insurance …
First Responders Once upon a time, the excess and surplus line market was the safety valve of the insurance industry—the more lightly regulated, more financially shaky little brother to the admitted market. It was said to release the pressure on …
