Monthly Archives: <span>June 2013</span>

Caliber Collision Centers Enters Denver Market

Caliber Collision Centers, an operator of collision repair facilities, announced the acquisition of three Hank’s Auto Body locations in the greater Denver market. Caliber’s three shop acquisition represents 80,000 square feet of collision repair facilities at 7880 Washington Street, 5022 …

Copart Acquires Salvage Parent, Inc.

Copart announced that it has acquired Salvage Parent, Inc., which conducts business primarily as Quad City Salvage Auction, Crashed Toys, and Desert View Auto Auction. Combined, these businesses operate at thirty-nine locations in 14 states. Quad City Salvage Auction operates …

Burglaries Drop Nationwide According FBI’s Latest Crime Report

According to the FBI’s Preliminary Annual Uniform Crime Report, the nation experienced a 1.2 percent increase in the number of violent crimes and a 0.8 percent decline in the number of property crimes in 2012 when compared with data from …

Eqecat Agrees to Share Exposure Data Schemas With RMS

Catastrophe modeling firm Eqecat announced that it has finalized an agreement to share exposure data schemas with another major catastrophe modeling firm, Risk Management Solutions (RMS). The agreement recognizes the need in the industry for a data standard, according to …

Southport Lane Completes Acquisition of Imperial Fire & Casualty

Southport Lane, a New York City-based private equity firm, announced completion of its acquisition of Louisiana-based Imperial Management Corporation along with its largest subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Additional terms of the transaction were not disclosed. …

Fire at China Poultry Plant Deadliest Since 2000; At Least 119 Killed

At least 119 people were killed by a fire at a poultry processing plant in northeastern China, the nation’s deadliest blaze in 13 years, as rescuers raced to free others trapped in the 17-acre facility. The fire broke out in …

How Women Can Rise to Executive Level in P/C Insurance Industry

Networking is the single biggest thing women can do to facilitate their rise up the corporate ladder in the property/casualty insurance industry, according to four women who have done just that. And being a sponsor is one of the best …

Vermont Health Department Issues Swimming Hole Warning

This weekend’s high temperatures are coinciding with high water around Vermont, and the state’s top health official is advising against heading out to a favorite swimming hole. Health Commissioner Harry Chen, an emergency room physician, says he’s too often seen …

Helicopter Maker’s Lawyers Say Families Can’t Sue

A federal judge will rule in coming weeks whether the families of two Tennessee National Guard members can sue the makers of a helicopter in which the soldiers died. According to the Knoxville News Sentinel, the case involves a 2010 …

Coastal Homeowners Stagger Under Insurance Cost

When Stan Virden moved into his 2,400-square-foot house overlooking a rock-lined canal in 1996, he paid less than $1,000 a year for homeowners insurance.Now, as he seeks to move to Atlanta to be near family, Virden says potential buyers for …