business moves News

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. …

HCC Insurance Holdings Announces Launch of Construction Property Risks Division

HCC Insurance Holdings announced the hiring of Francis P. Tricamo, Sr. to lead the Company’s new Construction Property Risks Division based in New York. The Construction Property Risks Division will further expand the Company’s specialty focus by developing its underwriting …

ASI Claims Reaches 1 Million Claim Milestone

Georgia-based Audit Services Incorporated (ASI) announced that it has reached the milestone of 1 million claims processed for vehicle and property estimate reviews. ASI President and CEO John Hall says, “It’s truly an exciting time to watch the company grow …

The Institutes Offer Property Technical Certification Program

The Property Technical Certification (PTC) program is now available through The Institutes’ online learning platform. The Institutes acquired the PTC program from Crawford & Company in March 2013. This program provides a performance-based industry standard for claim adjusters to demonstrate …

EagleView and Pictometry Announce Rapid Access for Post-Event Imagery

EagleView Technologies and Pictometry International, a newly merged company specializing in high-resolution aerial photography, automated 3D measurement technologies and overall software solutions, announced that Rapid Access technology has been engaged for recent catastrophic storm events in Oklahoma and Texas as …

Cross Insurance Establishes Surety Bond Division

Cross Insurance, a subsidiary of Cross Financial Corp., and an independent insurance provider in New England, announced the establishment of a new division specializing in surety bonds. Cross Surety Inc., with offices in Dalton, Mass., Lewiston, Maine, and New York, …

Mitchell Streamlines Medical Bill Review Processing With Latest Product Release

Mitchell, a technology, connectivity and information provider to the property/casualty claims and collision repair industries, announced the commercial release of Decision Point 7.4, an automated medical bill review for first and third-party liability adjusters. Developed and delivered using Agile Development …

SGB-NIA Insurance Brokers Launches Workplace Safety Program

SGB-NIA Insurance Brokers has launched a workers’ compensation safety program – Three Sixty Safety – designed for implementation into current safety protocol that provides training, education and claim assistance when necessary. Three Sixty Safety is part of SGB-NIA’s “Road to …

Caliber Collision Centers Acquires European Auto Body of Escondido

Caliber Collision Centers, an operator of collision repair facilities throughout the southwest, announced it has acquired European Auto Body of Escondido, Calif. “Caliber’s acquisition of European Auto Body of Escondido increases the number of San Diego locations to 13 as …