North Carolina News

North Carolina Updates PEO Oversight

North Carolina Gov. Bev Perdue has signed into law new financial requirements for Professional Employer Organizations (PEOs) operating in the...

Declarations

Budget Imbalance “The budget of the department is $10 million. The CEO of State Farm makes more than that.” —Mississippi...

People

Insurance broker Marsh announced the appointment of Gary Grose as U.S. marketing director. Grose joins Marsh with 20 years of...

It Figures

9.6% The proposed average voluntary market decrease in workers’ compensation rates in North Carolina. Insurance Commissioner Wayne Goodwin has also...

Business Moves

Fairfax/Odyssey Re Fairfax Financial Holdings Ltd. will sell $1 billion in stock to fund the purchase of the shares of...

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to...

Business Moves

State Auto, NuGrowth Columbus, Ohio-based super regional insurer, State Auto Financial Corporation, is selling its Strategic Insurance Software (SIS) subsidiary...