March 25, 2013
MetLife Inc. announced it will move 2,600 jobs from offices in four Northeast states and California to lower-cost locations in two North Carolina cities, while also getting tax breaks and other incentives that could reach $100 million. The insurer is …
March 11, 2013
Insurance giant MetLife Inc. said last week that it will move 2,600 jobs from offices in four Northeast states and California to lower-cost locations in two North Carolina cities, while also getting tax breaks and other incentives that could reach …
March 7, 2013
North Carolina’s top state insurance regulator has signed an agreement allowing companies to raise homeowner’s insurance policies by a statewide average of 7 percent a year starting in July. Insurance Commissioner Wayne Goodwin agreed to a rate increase for less …
February 21, 2013
The state agency that decides how thousands of people are compensated for workplace injuries does a poor job of making sure companies obey a law requiring them to carry insurance, the state’s internal government watchdog reported Tuesday. The North Carolina …
February 11, 2013
More than a week before Hurricane Sandy became a superstorm that would zero in on the U.S. Northeast, while it was just a tropical depression bouncing around the Caribbean, a captain headed out to sea. The HMS Bounty sailed dead …
February 7, 2013
The largest U.S. electricity company is permanently closing a Florida nuclear power plant after botched repairs and refunding consumers $835 million from an insurance settlement. Charlotte, N.C.-based Duke Energy said Tuesday it will close its Crystal River Nuclear Plant north …
January 14, 2013
A divided auto insurance industry will try again this year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs are low …
December 28, 2012
A divided auto insurance industry will try again next year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs are low …
November 5, 2012
Two weeks ahead of the election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have to prove they should be allowed to increase homeowners’ premiums by a statewide average of 17.7 percent. The move by …
October 29, 2012
North Carolina transportation officials suspended all ferry service to Ocracoke Island on North Carolina’s Outer Banks on Saturday, leaving hundreds of residents and guests no way to reach higher ground as Hurricane Sandy threatened the coast with heavy winds and …