North Carolina News

Restaurant Package

Nuts & Bolts: Venture Programs Inc. added a restaurant package through Alea North America Ins. Co. to its Venture Hospitality program. The restaurant package includes property, general liability, liquor liability, automobile, inland marine and crime. Restaurants insured through Venture Hospitality …

Contractors

Nuts & Bolts: Sandy, Utah-based Prime Ins. Syndicate Inc. is offering excess and surplus lines products to contractors and developers, including contractor’s liability coverage for property/casualty in both residential and commercial business and general liability coverage for premises, work performed …

Additional N.C. Counties Can Receive Disaster Assistance Following Frances

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, …

MJM Investigations, Royal & SunAlliance Partner in Fight Against Fraud

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 …

Surplus Line Carriers

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 …

Knowing vs. Doing in a Changing Marketplace

As the market changes do you possess the courage to do what you know you have to do? We agents are intelligent folks. We’re smart enough to know what is right and what is not. Yet, we too often don’t …

Restaurant Package

Nuts & Bolts: Venture Programs Inc. added a restaurant package through Alea North America Ins. Co. to its Venture Hospitality program. The restaurant package includes property, general liability, liquor liability, automobile, inland marine and crime. Restaurants insured through Venture Hospitality …

Ivan Not Finished With U.S.; I.I.I. Reports on Florida Hurricane Damage

While he lost his hurricane designation several days ago, what was Hurricane Ivan continued to bring misery to the United States, spawning more tornadoes and drenching areas from Georgia up through Pennsylvania in the last 24-48 hours. Several individuals were …

Aftermath of Ivan: Hundreds of Thousands Without Power, Heavy Rains Continue

Hurricane Ivan slammed ashore in Gulf Shores, Ala., early Thursday with winds of 130 mph, packing deadly tornadoes and a powerful punch of waves and rain that threatened to swamp communities from Louisiana to the Florida Panhandle. Forecasters said the …

N.C. Victims of Frances Get Disaster Assistance

Only five days after President Bush declared 15 North Carolina counties disaster areas, the Department of Homeland Security’s Federal Emergency Management Agency has disbursed $1,124,642 million to individuals who suffered damages from Tropical Storm Frances. On Sept. 10, a disaster …