June 5, 2012
Renton, Washington-based Bell-Anderson Agency Inc. named Dwight Newman director of marketing. Newman’s responsibilities will lie mainly with the insurance agency’s commercial division. Newman has worked in the in the Pacific Northwest insurance community, and has relationships with several insurance carriers. …
June 5, 2012
Atlanta-based insurance software and e-commerce supplier Ebix said it has agreed to buy life insurance and annuity services provider PlanetSoft Inc. for $40 million. Ebix said the acquisition is expected to be immediately accretive to earnings per share (EPS). The …
June 5, 2012
Much of Florida Gov. Rick Scott’s tenure in office has been consumed with confronting the mistakes his predecessor made in the property insurance market. Charlie Crist left office having stuffed the two state-run entities — the Florida Hurricane Catastrophe Fund …
June 5, 2012
Insurance software firm Applied Systems Inc. has acquired Compu-Quote Inc., a Canadian comparative insurance rating company. “The acquisition of Compu-Quote establishes Applied Systems as the leading provider of software to the Canadian insurance market,” said Reid French, CEO, Applied Systems, …
June 5, 2012
The mother of a man who died in an explosion at a Pascagoula, Mississippi fertilizer factory says her son never spoke of any safety problems at the plant. Twenty-year-old Jeremy Moore of Hurley died Friday — the second man to …
June 5, 2012
The U.S. Food and Drug Administration recalls potentially harmful drugs about once every month but could do a better job of letting doctors and patients know about them, according to a study released on Monday. Over an eight-year span, researchers …
June 5, 2012
Jon Corzine failed to address MF Global Holdings Ltd.’s growing liquidity needs as he tried to build the commodities broker into a global investment powerhouse, helping create the conditions that led to its downfall, a trustee in MF’s bankruptcy said …
June 5, 2012
Winter Park, Fla.-based insurance broker Kuykendall Gardner recently hired Brendan Loflin as vice president. In this role, he will be responsible for insurance and bond sales, new business development, client relations and client maintenance. Prior to joining Kuykendall Gardner, Loflin …
June 5, 2012
Ireland held a referendum on Thursday, May 31 – a straight yes or no vote on whether the country would write the “Stability Treaty,” the austerity measures agreed to last fall by the 17 euro zone countries, into law. It …
June 5, 2012
Gripped by fears that Europe’s debt crisis is driving the world economy into a ditch, companies are delaying plans to raise capital and canceling deals, while investors are taking refuge in cash or any other place they think their money …