Willis Group Holdings Limited announced the asset acquisition of Vision Insurance Group, a risk management and insurance brokerage firm based in Montgomery, Ala. Vision’s estimated revenues for 2003 are $3 million. Founded in 2000 by Bruce Hodges, Vision provides a …
Florida-based First Advantage Corporation, a global risk management solutions provider, has acquired Quantitative Risk Solutions LLC (QRS), a privately owned consulting firm specializing in cargo loss risk mitigation. Annual supply chain losses due to in-transit theft are estimated at $50 …
CarrAmerica Realty Corporation announced that Fiserv, Inc. has leased 83,000 square feet at Midori, a 100,200 square foot office building located at 5335 Triangle Parkway in Norcross, Georgia. Fiserv will be expanding and relocating its regional office, occupying the new …
Houston-based HCC Insurance Holdings Inc. announced it has sold the business and substantially all of the assets of its retail brokerage subsidiary, HCC Employee Benefits Inc. (HCCEB) to Capital Risk LLC, a subsidiary of Jardine Lloyd Thompson Group plc. Stephen …
Three Japanese insurance companies have received at least part of the $1.12 arbitration award levied against Fortress Re (See IJ Website Dec, 23), a No. Carolina-based reinsurance company, which collapsed following Sept. 11 related losses. Aioi Insurance Co, Sompo Japan …
Brown & Brown, Inc. announced that it has acquired Niagara Risk Management Associates, Inc. And Niagara Benefits Group, Inc., both based in Williamsville,N.Y., and the Pashley Insurance Agency of Marmora New Jersey. Both acquisitions were effective Jan. 1, 2004. The …
Combined Group, headquartered in Carrollton, Texas, recently announced the promotion of Kim Angell to Regional Marketing Manager. In this position, Angell will lead the company’s agent relation activities in East Texas, East Oklahoma and Arkansas. The company noted that Angell …
President William Irons, a 20-year veteran of politics and long time insurance agent, is resigning from the Rhode Island State Senate rather than disclose his insurance clients. Irons announced that he has resigned as Senate president on New Year’s Day …
Overland Park, Kans.-based Brooke Corporation’s insurance brokerage subsidiary, CJD & Associates, announced the acquisition of Texas All Risk General Agency Inc., of Dallas, Texas. CJD & Associates President Michael Hess, commented that, “Texas All Risk fits well with our existing …
According to the latest accounts, Parmalat, the Italian dairy and food processing company, may have a shortfall in its accounts in excess of 8 billion euros ($10.1 billion), putting it on a par with Enron, as one of the world’s …
