Monthly Archives: <span>July 2012</span>

Confie Seguros Adds 3 Agencies; Names Maxwell to M&A Post

Confie Seguros, a national provider of personal lines insurance focused on the needs of Hispanic consumers, continued its national expansion program with the the addition of three insurance agencies. Confie has completed 13 acquisitions this year. The three companies acquired …

Ratings Roundup: Delvag, Ocaso

A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘A'(Excellent) from ‘A-‘ (Excellent) and the issuer credit ratings to “a” from “a-” of Germany’s Delvag Luftfahrtversicherungs-AG and its subsidiary, Delvag Rueckversicherungs-AG, both with stable outlooks. …

RSA Inks Agreement w/ The Co-operative Insurance for Auto Claims

The UK’s RSA and The Co-operative Insurance have announced a bilateral agreement to settle outstanding motor recoveries. RSA said it is “designed to remove frictional costs, limit the need for claims handlers to get involved and to speed up the …

MDS Group Launches HighDome, a Self Insurance Protected Cell Company

European and Latin American insurance and reinsurance brokerage and risk consulting provider, MDS Group, announced the launch of HighDome PCC Ltd, a protected cell company, “to provide alternative risk financing services including self insurance facilities, access to reinsurance markets, and …

Apple Pays $60 Million to Settle China iPad Trademark Dispute

Apple Inc. has paid $60 million to Proview Technology (Shenzhen) to end a dispute over the iPad trademark in China that saw the world’s most valuable technology company engaged in a protracted legal tussle with a near-bankrupt Chinese firm. The …

Florida’s Anti-Fraud Auto Insurance Law Now in Effect

A trio of constitutionally questionable measures and legislation designed to crack down on no-fault auto insurance fraud are among about 150 new Florida laws going into effect Sunday. A law that bans state and local governments from hiring companies that …

Scientists Conclude Rise in Sea Level Cannot Be Stopped

Rising sea levels cannot be stopped over the next several hundred years, even if deep emissions cuts lower global average temperatures, but they can be slowed down, climate scientists said in a study on Sunday. A lot of climate research …

Apple Pays $60 Million to Settle China iPad Trademark Dispute

Apple Inc. has paid $60 million to Proview Technology (Shenzhen) to end a dispute over the iPad trademark in China that saw the world’s most valuable technology company engaged in a protracted legal tussle with a near-bankrupt Chinese firm. The …

Republican Leaders Vow Healthcare Law Repeal

The two top Republicans in Congress vowed on Sunday to push ahead with efforts to repeal President Barack Obama’s healthcare law despite the Supreme Court upholding it, but the White House said it is time to stop fighting and start …

Andrew Petersen Named Executive Vice President of Business Development for Atlas General Insurance Services

San Diego, CA, 7/2/2012 – Andrew Petersen has been named Executive Vice President of Business Development for Atlas General Insurance Services, a program administrator with offices in San Diego, San Francisco and Denver. “We are thrilled that Andrew Petersen has …