January 13, 2009
Workplace deaths in North Carolina rose in 2008 after three years of declines, and officials worry that the nation’s sagging economy is partly to blame. Preliminary data provided by the North Carolina Department of Labor shows that there were 59 …
January 13, 2009
Some dams in Oklahoma do not have a state-required emergency action plan that outlines possible dangers and steps to protect residents in case of a breach and dozens of dams had not been inspected within the state-mandated one-year period, according …
January 11, 2009
The following mergers are in addition to those reported for the 2008 calendar year in Insurance Journal’s year-end issue, Dec. 22, 2008. CRC Insurance, TAPCO Underwriters CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp. principal subsidiary Branch …
January 11, 2009
Auto insurers may increase premiums on North Carolina drivers by up to 9.4 percent starting Jan. 1, but a court ruling will determine whether they can keep the extra money. The North Carolina Rate Bureau, which represents 144 auto insurers …
January 11, 2009
North Carolina Insurance Commissioner Jim Long has agreed to permit homeowners insurance companies to hike their rates an overall statewide average of 4.05 percent beginning May 1. This is below the statewide increase than the 19.5 percent increase originally proposed …
January 11, 2009
Laws mandating stores only sell cigarettes that are slow-burning and fire-safe went into effect in five states on New Year’s Day, including Texas and Oklahoma. Those two states, plus Delaware, Iowa and Pennsylvania, joined 17 others in mandating the fire-safe …
January 11, 2009
But Challenges Could Lie Ahead in 2009 Even With Government Stimulus Package Commercial construction insurance brokers from the northeast to the west coast, from Texas all the way to North Carolina, say the market and their business right now are …
January 11, 2009
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Top 10 Most Unusual Searches on MyNewMarkets.com in 2008 Exotic Snake and Reptile Breeding Operation …
January 11, 2009
CRC Insurance, TAPCO Underwriters CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp. principal subsidiary Branch Banking and Trust Co., plans to acquire TAPCO Underwriters Inc. The transaction was to be completed Dec. 31. Terms were not disclosed. …
January 11, 2009
Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Euclid Insurance, Illinois American Insurance Agency Euclid Insurance Services Inc., has acquired …