August 11, 2004
North Carolina Gov. Mike Easley has sent a letter to the regional director of the Small Business Administration requesting a disaster declaration for residents and business owners in Dare and Hyde counties who suffered damage from Hurricane Alex last week. …
August 10, 2004
Marshall & Sterling, Inc., one of New York’s largest regional insurance firms, has joined RiskProNet International, Inc., a network of 29 independent brokers across the United States and Canada. Founded in Poughkeepsie in 1864, Marshall & Sterling today has 15 …
August 9, 2004
The average medical payment per claim for the care of injured workers in Massachusetts rose 13 percent in the most recent period but still remained the lowest of the 12 states analyzed in a study by the Cambridge-based Workers Compensation …
August 9, 2004
Bank holding companies (BHCs) earned a record $8.36 billion in insurance agency commissions and fee income in 2003, according to Michael White’s Bank Holding Company Insurance & Investment Fee Income Report (BHC-FIR), published by Michael White Associates LLC (MWA). Compiled …
August 9, 2004
It’s price that makes or breaks the sale. But why does price mean more to the producer than it does to the buyer? After all, you don’t always buy the cheapest. Regardless, price does matter when your buyer can’t determine …
August 3, 2004
With maximum sustained winds of almost 100 miles per hour, tropical storm-turned-Hurricane Alex is moving along the coast of North Carolina toward the Outer Banks, and local property owners should take some basic precautions to ensure that their property is …
August 3, 2004
SEEC Inc., a provider of legacy modernization solutions for insurance, financial services and manufacturing, and Enterprise Web provider Plumtree Software announced that North Carolina Farm Bureau Insurance Group (NCFB) has selected SEEC’s Plumtree-powered customer service application. This application will be …
July 29, 2004
North Carolina Insurance Commissioner Jim Long has signed three settlement agreements with companies that reportedly participated in discriminatory rating practices in North Carolina. The settlements with the companies, Cincinnati Life Insurance Company, American National Life Insurance Company and New York …
July 28, 2004
State Farm Insurance confirmed it is moving to phase-out its Frederick, Md. claims and operations office as part of a reorganization that could eliminate from 400 to 500 jobs there and an equal number in field offices in the mid-Atlantic …
July 22, 2004
North Carolina Insurance Commissioner Jim Long announced the resolution of three auto insurance rate cases – a settlement that will result in potential maximum savings of $1.2 billion for North Carolina drivers. Long negotiated the record-breaking settlement during talks with …