Risk Management

New York state seeks risk review of nuclear plant

March 21st, 2011

A review of the earthquake threat and other safety risks posed by a New York nuclear plant must be done as part of its bid to keep operating for another 20 years, New York state’s attorney general said on Friday.
The Indian Point plant, owned by Entergy Corp, is only about 40 miles north of New [...]


Insurance Broker Lockton Promotes two Associates to Practice Leaders

February 9th, 2011

Lockton Companies, LLC, a Kansas City-based firm specializing in insurance, risk management and employee benefits, announced two promotions within its Kansas City Employee Benefits Agency today. Previously Unit Managers for health and welfare clients, Tracy Musolf, CEBS and Mark Seely, will now service Lockton clients as Practice Leaders.
(Logo: http://photos.prnewswire.com/prnh/20090415/CG99351LOGO)
Lockton developed the Practice [...]


Arthur J. Gallagher & Co. Acquires James F. Reda & Associates, LLC

February 9th, 2011

Arthur J. Gallagher & Co. (NYSE:AJG – News) today announced the acquisition of James F. Reda & Associates, LLC in New York, NY. Terms of the transaction were not disclosed.
Formed in 2004, James F. Reda & Associates, LLC is an executive compensation and corporate governance consulting firm. They provide executive and corporate governance [...]


Engle Martin & Associates, Inc. Broadens Specialty Line Service Offerings

February 9th, 2011

Engle Martin & Associates, Inc., a leading national loss adjusting and claims management company, has expanded its presence in the specialty lines market. The Engle Martin Specialty Claims Unit will complement the company’s existing array of commercial claims services and support their goals for growth in 2011. The Specialty Claims Unit services excess & surplus [...]


Radian Reports Fourth Quarter and Full Year 2010 Financial Results

February 3rd, 2011

Radian Group Inc. (NYSE:RDN – News) today reported a net loss for the quarter ended December 31, 2010, of $1.1 billion, or $8.55 per diluted share. This compares to a net loss of $91.9 million, or $1.12 per diluted share, for the prior-year fourth quarter. The net loss for the full year 2010 was $1.8 [...]


MarketsandMarkets: Global Electroactive Polymers Product Market Worth US$2.78 Billion by 2014

January 31st, 2011

According to a new market research report, ‘Global Electroactive Polymers Market (2009 – 2014)’, published by MarketsandMarkets (http://www.marketsandmarkets.com), the global electroactive polymers product market is expected to be worth US$2.78 billion by 2014, growing at a CAGR of 8.3% from 2009 to 2014. The North American market is expected to account for nearly 65% of [...]


Firemans Fund Insurance Company Enters Joint Marketing Agreement with Scientific Conservation Inc. to Promote Lower Risks of Energy Efficient Buildings

January 30th, 2011

(SCI), a leading provider of energy efficiency via Predictive Diagnostics and Analytics solutions for the $5 billion commercial building market, today announced it entered a Joint Marketing Agreement with Fireman’s Fund Insurance Company (FFIC) directly linking energy management solutions to lower risk.
(Logo: http://photos.prnewswire.com/prnh/20100810/SF46584LOGO)
Under the terms of the agreement, SCI becomes an FFIC Referral Partner. [...]


Aon Merges M&A Advisory Teams in Global Risk and Human Resource Consulting to Meet Increased Client Demand

January 30th, 2011

Aon Corporation (NYSE:AON – News), the leading global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, today said it has united its merger and acquisition practices to form Aon M&A Solutions, the largest provider of M&A risk and human capital solutions in the world.
(Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO)
Aon M&A Solutions [...]


BestWeek: N.Y. Regulatory Merger Poses Integration Risks

January 30th, 2011

A proposed merger of New York state’s insurance and banking departments poses a number of challenges — including becoming a merger in name only, according to the latest edition of BestWeek U.S./Canada.
“The hard part is actually integrating them,” Steven Goldman, who served as New Jersey’s commissioner of banking and insurance from 2006 to 2009, told [...]


NCA Group Acquires Gentry & Associates

January 27th, 2011

National Catastrophe Adjusters, Inc. (d/b/a NCA Group) announced today that it has added Gentry & Associates Claims Services, Inc. to the NCA Group of Companies. This represents NCA Group’s third acquisition in 2011 and strengthens NCA Group’s position as a leading provider of property loss adjusting and claims management services in North America. The addition [...]