Business Moves

Prime P&C Casualty Insurance Enters Florida Commercial Auto Market

Prime Property and Casualty Insurance Inc. (PPCI) has entered the Florida commercial auto market as an admitted carrier specializing in insurance services for distressed and substandard risks. PPCI offers the capacity to insure any commercial auto risk class with adverse account experiences such as unsatisfactory loss experience, poor driving records or lack of insurance history.

PPCI delivers coverage solutions to the entire spectrum of commercial auto risk classes including trucking, taxi cabs and towing operations despite circumstances like adverse loss experiences, poor SAFER scores, hazardous cargo, prior insurance cancellations and more. Producers now have an insurance carrier with the stability, expertise and risk appetite to place their most difficult commercial auto liability risks.

PPCI distinguishes itself by handling claims “in-house” through its Claims Direct Access (CDA) service. CDA is committed to thorough and cost effective resolutions, having successfully resolved over 60,000 property and casualty claims and lawsuits. CDA is dedicated to handling and resolving every claim efficiently, with an in-house legal team to take charge of discovery and investigation, managing time and expenses, and providing quality communication regarding the disposition of the claim.

CoreLogic Expands Location-Based Intelligence to Include Building Footprint Data

CoreLogic, a global property information, analytics and data-enabled services provider, announced the expansion of its location-based intelligence data with the addition of structure footprint information to its other parcel and property characteristics data offerings. CoreLogic Structure Footprint enables accurate roof-top geocoding and identifies the location and outline of relevant structures on a parcel, including all known sub-addresses, to provide a more granular and precise property description.

CoreLogic residential and commercial structure footprint data covers more than 35 million rural and urban parcels throughout the U.S, including two-thirds of the largest 50 metro areas. When combined with other CoreLogic proprietary property data, including business financial health, natural hazard risks, occupancy information and building characteristics, the added structure footprint data provides a more complete picture of a property than was previously available.

Accurate location data is a critically important factor for planning and operations in oil and gas, insurance, geo-commerce, and other industries that need to understand what type of structures and building characteristics are associated with property addresses. The addition of structure footprint data complements the existing CoreLogic property characteristic data which details attributes in 150 distinct categories that provide location intelligence on everything from zoning and land use to details about roof type and number of bedrooms.

J.S. Held Expands into Surety Services With Lovett Silverman Acquisition

J.S. Held LLC, a national, full service construction consulting firm, announced the acquisition of Lovett Silverman Construction Consultants, Inc.

John J. Lovett, president of the firm, joins J.S. Held as senior vice president and national director of Surety Services. Financial terms of the private transaction were not disclosed.

Lovett Silverman is a construction surety claims consulting firm, specializing in construction claims analysis, Critical Path Method scheduling, expert witness and litigation support, property inspection and risk analysis.

The company will operate as “Lovett Silverman, a J.S. Held Company”. Lovett Silverman executives Anthony Lardaro and Richard Sexton will continue their leadership roles as vice presidents in the New York and Orlando Offices, respectively. Lovett Silverman’s Ramsey, New Jersey operations are not included in the transaction.