Insurers Seek Change to North Carolina Auto Rates
A coalition led by State Farm Allstate Geico and Progressive push to overhaul NC auto rate regulation. They argue low premiums reflect a subsidized system that undercharges good drivers and burden smaller insurers. Experts note strong roads enforcement and low population density also help.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Maine
National Association of Insurance Commissioners
Idaho
Midwest
NAIC
Ohio
Insure.com
Stuart Powell
Independent Insurance Agents of
State Farm
Allstate
Geico
Progressive
Oyango Snell
Property Casualty Insurers Association of America
Carolina
Powell
David Marlett
Appalachian State University
State Insurance Department
Duke Energy to buy Chilean CGE assets for 415 million
Duke Energy Corp says its international arm will acquire CGE Group's Chilean assets for 415 million dollars, adding two hydro plants totaling 140 megawatts. The Chilean purchase boosts its Latin American footprint, with Citigroup and Banchile Citi advising. Duke Energy International has operated in Chile since July and views Latin growth potential.
MENTIONED IN THIS ARTICLE
Chile
Citigroup
Banchile Citi
Duke Energy International
Latin America
Duke Energy
United States
Charlotte
Shoppers disappoint retailers this holiday season
U.S shoppers spent cautiously in the holiday period, missing forecasts and marking the worst year over year since 2008. Spending rose 0.7 percent versus last year, with electronics clothing jewelry and home goods dragging gains as weather uncertainty and tax fears weighed on demand. Analysts warn weak season could curb restocking and profits into 2013, with late December still offering some upside.
MENTIONED IN THIS ARTICLE
Washington
U.S
MasterCard Advisors
ShopperTrak
Newtown
Conn
Michael McNamara
McNamara
Marshal Cohen
NPD Inc
Cohen
Associated Press
Times Square
New York
Also Mentioned on This Page
Marlett
John Clark
the Gazette
Gastonia
CGE Group
LO HI Close
At&t Inc T
Lowes Low
RTN
Thous
Alcatel-Lucent
Martin Marietta
Arkansas
Bb&t Corp Bet
Microsoft Msft
Park Sterling Pstb
Bank of America Bac
Best Buy Bby
Piedmont Natural Gas Pny
Pulte Homes
CMC
PHM
Covidien Cov
RPAI
Curtis-Wright CW
RBC Centura RY
Danaher Corp Dhr
Scana Scg
Deere DE
School Specialty Inc Schs
Delhaize Deg
Sears Holdings Shld
Dillards Inc Dds
LNCE
Old Donnelley & Sons
Snyder-Lance Inc
Southern Company IO
Duke Ears Duk
Utd
FNBN
Spectra Energy SE
Suntrust Banks
STI
TE Connectivity
Hanesbrand HB
Tampa Electric Co TE
HOG
Harley-Davidson
HarrisTtr Htsi
Texas Roadhouse
TXRH
Textron
Home Depot
Intel Corp. Intc
Time Warner Inc Twx
IBM IBM
Timken Tkr
Kohis Kss
Ay Belg
Wal Mart Wmt
Krispy Kreme Kkd
Moe Se
Wells Fargo Wfc
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