business moves News

Pure Insurance Reinvents Appraisal Process

Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer designed for high net worth individuals and families, announced the launch of the PURE360 Risk Management Consultation, a concierge-level, frictionless service to prevent losses and determine a fair home replacement cost. …

ABRA to be Acquired by Senior Management Team and Hellman & Friedman

ABRA Auto Body & Glass, a national damaged vehicle repair provider, and its principal owner, Palladium Equity Partners, LLC announced a definitive agreement for ABRA to be acquired by affiliates of Hellman & Friedman, LLC along with ABRA’s senior management …

Mitchell Sponsors Incubator Program to Drive San Diego Tech Startups

Mitchell International announced the launch of Mitchell@EvoNexus, a Mitchell-sponsored San Diego business incubation program operating within the CommNexus incubator, EvoNexus. The new program enables local startups to accelerate their product and business development by providing financial support, use of co-working …

HVACi Offers Bilingual Claims Representatives

HVAC Investigators (HVACi) is now offering its claims assessment service for Spanish speaking policyholders. According to the 2010 Census, over 37.6 million people in the United States speak Spanish at home and more than 25 percent of that group speaks …

Coverys Finalizes Acquisition of PPIC

Boston-based Medical Professional Mutual Insurance Co. (ProMutual), a Coverys company, said it has finalized the acquisition of Preferred Professional Insurance Co. (PPIC), located in Omaha, Nebraska. PPIC was formerly owned by 18 Catholic healthcare systems, seven of which are in …

Third Party Adminstrator Expands Into Texas

Calif.-based Athens Administrators, a full-service, third-party claims administration services provider since 1976, is expanding into Texas and appointing Vance A. Root as executive vice president, in charge of driving expansion and operational efforts in the Southern United States Region. Athens’ …

General Star Upgrades to Chemical Products Liability Coverage

General Star Management Company announced underwriting enhancements for chemical product manufacturers and distributors. For the first time, General Star will offer occurrence form coverage for manufacturers and distributors of certain less hazardous chemicals, including those categorized as “environmentally green.” Claims-made …

Former Sterling Autobody President Joins Paintless Dent Repair Company

Nick Notte, former president of Sterling Autobody, has joined a new company, International Paintless Dent Repair (IPDR). As a partner, Notte will serve as executive vice president, chief operating officer at the company headquarters in Chicago, Ill. Notte, a 30 …

Safety National Opens Dallas Regional Office

Safety National Casualty Corporation, a US. provider of Excess Workers’ Compensation and significant provider of Large Casualty multi-line offerings, has opened a regional office in Dallas, Texas. The Dallas office is the sixth regional office opened by Safety National in …

OIL Announces an Increase in Per Occurrence Limits to $400M

Oil Insurance Limited (OIL) has elected to increase its per occurrence limit from $300 million to $400 million and the event aggregation limit from $900 million to $1.2 billion effective January 1st, 2015. OIL will give its members until January …