North Carolina News

Brokerage Stocks Down; M&A Activity Continues at Strong Pace but Slower Than 2007

Stock Prices: The brokerage sector as a whole is down 3 percent for the year. Among middle-market brokers, Arthur J. Gallagher’s (NYSE:AJG) stock has faired well compared to peers Brown & Brown (NYSE:BRO), down 16.6 percent, and Hilb Rogal & …

Firefighters in California Struggling to Get Upper Hand on Fire

High wind on Saturday, June 13, 2008, continued to stoke fires across Northern California that had destroyed dozens of homes and forced thousands of residents to flee. At least 66 homes had been destroyed with 17 others damaged in the …

Salmonella Cases from Eating Raw Tomatoes Found in Florida, North Carolina

A Southwest Florida man is the state’s first victim of the salmonella outbreak tied to raw tomatoes. State Health Department officials say the unidentified man got sick after eating tomatoes during a visit to New York. Health Department spokeswoman Judi …

North Carolina Officials Arrest 2 on Suspicion of Conspiracy

North Carolina Insurance Commissioner Jim Long said state officials arrested two Laurinburg men on suspicion of conspiracy to commit arson and insurance fraud. Officials arrested William Angus McGirt, 71, and Franklin Lacy Britt Jr., 59, on June 6 and June …

North Carolina Woman Arrested for Alleged Insurance Fraud

North Carolina officials arrested a Kinston woman for embezzlement and obtaining property by false pretense, according to Insurance Commissioner Jim Long. Department of Insurance investigators arrested Terri Lynn Spence, 34, June 9 and charged her with four counts of embezzlement …

North Carolina Holds its Largest Hurricane Evacuation Exercise

Lenoir Community College in Kinston hosted North Carolina’s largest hurricane evacuation exercise this year. The eastern North Carolina town suffered through hurricanes Fran and Floyd in the 1990s. The exercise, called Medical Evacuation Triage and Treatment Assessment, took place June …

Northern California Wildfires Forces Hundreds to Flee Homes

Firefighters struggled to gain control of a series of wind-driven wildfires burning across Northern California, including a raging forest fire that forced hundreds to flee their homes in the Santa Cruz Mountains. The fast-moving blaze in the Bonny Doon area, …

North Carolina Fire Grows by 10%, Homes Evacuated

Winds whipped up an eastern North Carolina wildfire June 10, expanding its footprint by more than 10 percent and forcing the evacuation of 50 homes, officials said. Firefighters scrambled to strengthen or build about 20 miles of containment lines, expecting …

AmWINS Introduces Commercial Auto, Trucking Programs

Burlington, N.C.-based AmWINS Transportation Underwriters launched several new insurance programs for the trucking and commercial auto industry. These national programs include coverage for truck broker’s contingent liability, truck broker’s contingent cargo and workers’ compensation. ATU partnered with the Small Business …

Crews Continue to Battle Wildfire at Eastern North Carolina Refuge

Fire crews plan to continue building containment lines around a massive wildfire that is burning in a sparsely inhabited rural area of eastern North Carolina. Spokesman Bill Swartley of the North Carolina Forest Service said plans for firefighters also include …