Record #:

44380

Author(s):

Cuthrell, Shannon

Abstract:

"When a Helene-type disaster strikes, Boone-based Samaritan's Purse moves with a purpose." Now in its 54th year ,the Christian humanitarian organization draws in more than $1 billion in contributions and grants annually. Included among its assets are 24 aircraft, 2318 employees in the U.S. and offices established in 15 developing countries. Franklin Graham is president and CEO.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 45 Issue 1, January 2025, p44-49, il, por Periodical Website

Subject(s):

Samaritan's Purse; Graham, Franklin (Samaritan's Purse); Humanitarianism; Humanitarian Relief

Record #:

44351

Author(s):

Mildenberg, David

Abstract:

"Justifying eye-popping increases in homeowner insurance rates splits the industry and its regulator." North Carolina Insurers are requesting an increase of 42% on current rates approved by the state Department of Insurance. This is their first filing since 2020. The period between then and now has been painful due to significant storm as well as significant material costs associated with construction. Insurance commissioner mike Causey contends, however, that the average rate increase should be no higher than 3%.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 45 Issue 1, January 2025, p12-13, il, por Periodical Website

Subject(s):

Insurance--Homeowner--Rates; Causey, Mike (State Insurance Commissioner)

Record #:

44352

Author(s):

Mildenberg, David

Abstract:

The author notes former State Treasurer Dale Folwell as one of North Carolina's most interesting politicians over much of the past decade. Shrewd and ambitious like his most recent predecessors, Folwell hoped parley management of state worker pensions and health plan into a successful bid for governor. Instead, he failed to break the hospital artel and his distrust of PE funds and alternative investment vehicles caused the pension system to underperform.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 45 Issue 1, January 2025, p5 Periodical Website

Subject(s):

Folwell, Dale (North Carolina State Treasurer)

Record #:

44353

Author(s):

Blake, Kathy

Abstract:

"Mostly rural Stanly County is only a hop, skip and jump from the state's most -populous city. It's investing in a future that supports growing businesses and expanding population, while protecting its natural and cultural wonders." Stanly County Director of Economic Development cites regionalism for making Stanly county attractive to businesses. The county is updating its Comprehensive Land Use Plan to balance the interests of industry and agriculture..

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 45 Issue 1, January 2025, p91-98, il Periodical Website

Subject(s):

Stanly County--Industry and Agriculture

Record #:

44354

Author(s):

Holden, Zeb

Abstract:

"Despite Toyota's record investment, Randolph county slides in the state economic rankings." Commerce officials attribute the slide relative to other counties to decline by 11 positions in per capita tax base and 14 position decline in median household income.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 45 Issue 1, January 2025, p100, il Periodical Website

Subject(s):

Randolph County--Economic conditions