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Business

  • NCDOL warns employers of poster scam

    The North Carolina Department of Labor is urging businesses across the state to be on the lookout for suspicious correspondence, after the department recently received multiple reports of people using scare tactics or threatening language in an attempt to sell labor law posters to employers.

  • BCAR: Market shows positive improvement

    The year-end wrap up for Brunswick County’s residential real estate market shows positive improvements in all categories, according to statistics released by Brunswick County Association of Realtors (BCAR).

  • Dosher office relocates

    After nearly five years at 250 E. 11th St. in Southport, Dosher Patient Accounts is relocating to the hospital at 924 N. Howe St.

    Effective Friday, Jan. 27, the department will be on the second floor of the hospital, just off the elevators. This is space that had been occupied by Cardiac Rehabilitation, which relocated to the new Dosher Wellness Center last summer.

    For more information on patient accounts, call 457-3810.

  • N.C. Rate Bureau withdraws dwelling fire rate filing

    North Carolina Insurance Commissioner Mike Causey announced the N.C. Rate Bureau elected to withdraw the rate filing made Nov. 30, 2016, which would have seen an increase of 19.6 percent average in North Carolina.

    The rate filing was reviewed by Department of Insurance experts who discovered data issues that needed to be resolved before the filing could move forward. The N.C. Rate Bureau elected to withdraw the filing.

  • North Carolina to receive $16M settlement from Moody’s

    Attorney General Josh Stein announced North Carolina will receive $16 million of a settlement of more than $863 million with Moody’s Corp., Moody’s Investors Service Inc., and Moody’s Analytics Inc. (Moody’s).

  • Commissioner: Time to review insurance policies and coverage

    The start of a new year is a great time to re-evaluate insurance policies, according to the North Carolina Department of Insurance.

    “It is a new year and there are certainly things that will be changing in your life as you look forward to the rest of 2017,” Insurance Commissioner Mike Causey said in a news release. “I recommend you take this opportunity to make sure you are adequately covered by your insurance policies.”

  • UNCW selected as part of $250M biopharmaceutical partnership

    The University of North Carolina at Wilmington is part of a $250 million public-private national initiative to bring safe drugs to market faster and educate a new biopharmaceutical workforce. The National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL), based at the University of Delaware, will involve more than 150 companies, educational institutions, nonprofits and government partners.

  • SBA extends disaster assistance application

    The U.S. Small Business Administration has extended the deadline to apply for physical disaster damages from Hurricane Matthew to Jan. 23.

    The deadline extension will help ensure businesses and residents with uninsured losses have the additional time they need to submit their SBA disaster loan applications. SBA has approved more than $77 million in low-interest disaster loans to more than 2,100 North Carolina businesses and residents affected by the disaster.

  • Fitch Ratings upgrades Brunswick County’s bond rating

    Fitch Ratings has upgraded Brunswick County’s Limited Obligation Bonds Series 2012 from AA- to AA; its Issuer Default Rating from AA to AA+ and its General Obligation bond rating from AA to AA+.

    In a release regarding the upgrade, Fitch Ratings mentioned “the county’s growing economic base, superior revenue framework and strong financial resiliency. Conservative liability management and a solid expenditure framework also support the AA+ rating.

  • Nichols named Brunswick County Public Utilities director

    John Nichols has been named director of Brunswick County Public Utilities effective Jan. 2, 2017.

    Nichols, a Southport native and graduate of South Brunswick High School, has worked for Brunswick County for more than 10 years as assistant director of public utilities. He will begin his new position following the retirement of Brunswick County Public Utilities director Jerry Pierce at the end of 2016.