Auto Medical Rate Reduction Ordered
Raleigh AP Insurance Commissioner John Ingram ordered a 15.4 percent cut in auto medical insurance rates effective in about 30 days. He also signaled possible reductions in a court ordered collision rate hike, citing higher claim costs but fewer claims and noting the Supreme Court approved increases may be trimmed.
MENTIONED IN THIS ARTICLE
Raleigh
John Ingram
Ingram
North Carolina Automotive Rate Office
State Supreme Court
N C Senate Moves to Curb Jobless Benefits
In Raleigh the Senate Manufacturing Labor and Commerce Committee sent a bill to the floor to restrict unemployment pay. It would deny benefits to quitters misconduct cases or those拒ing suitable work, aiming to curb fraud with ESC oversight. Wilbur Hobby opposed, urging a definition of misconduct.
MENTIONED IN THIS ARTICLE
Raleigh
Senate Manufacturing, Labor and Commerce Committee
Wilbur Hobby
North Carolina
Afl-Cio
Hobby
House
Senate
Carolyn Mathis
R-Mecklenburg
ESC
Commission
Inflation Lifts North Carolina Tax Refunds About Ten Dollars
North Carolina officials say average state income tax refunds will rise about 10 dollars per taxpayer to the low 90s, due to inflation, higher salaries, bracket shifts, and increased deductions for taxes paid. Revenue officials anticipate total receipts around 675 million dollars this year, with final figures due after April 15.
MENTIONED IN THIS ARTICLE
Raleigh
B.W. Brown
State Revenue Dept
Brown
Mark Lynch
Lynch
Fieldcrest Earnings At New High
Fieldcrest Mills Inc. reported record sales and earnings for the year and a strong fourth quarter. Net earnings rose 25 percent to 12.439 million on sales of 34.025 million, up 14 percent. Q4 earnings were 4.861 million versus 4.828 million in 1975, as sales climbed to 103.058 million from 94.436 million.
MENTIONED IN THIS ARTICLE
EDEN
Fieldcrest Mills Inc
Also Mentioned on This Page
N.C. Senate
Jack Childers
Ddavidson
Childers
Employment Security Commission
Westchester
Mtl
Westchester Mall
Fieldcrest
UFE Insurance
Life OF America Insurance Corp
Boston
Benne Ge Baston Adee
AGIA
Tannery Blue
Efvetk Beck
Amu
AY Om
Mens & Boys
Famous Brand
New Spring
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