While traditional loan underwriting seeks to minimize risk by ensuring that the loan amount can be easily recovered, securitized lenders focus on managing risk by maintaining the cash flow of the property and by isolating the collateral property so that it can be easily transferred to the lender in the...
This paper shows that property can represent a significant proportion of a company's overall assets and costs. Yet very often it receives less attention than it should because it is not seen as part of the core business. Property is core to the business however, and ignoring its impact on...
The property and casualty (P&C) insurance industry is in two businesses: underwriting risk and investment management. In its underwriting function, the industry examines the frequency and severity of potential damage to physical assets property or injury to persons casualty, and then places a value on insuring against, or underwriting, those...
According to its fiscal year 2003 financial statements, the federal government currently owns hundreds of billions of dollars in real property assets. In addition, the government also owns or manages one in every four acres of land in the United States. While much of the Federally-owned real and personal property...
Michael A. Paschke,Regional Executive Vice President of Brown & Brown, Inc. (NYSE: BRO), andFullerton & Company, Inc., of Portland, Oregon, today announced the stockacquisition of Fullerton & Company, Inc. by Brown & Brown, Inc. Fullerton & Company, Inc., with annualized revenues of approximately $9.3million, focuses on benefit plans, and property...
AAI Acquisition, Inc. Announces New Leadership and Certification Plans ENGLEWOOD, Colo., July 31 /PRNewswire/ -- AAI Acquisition, Inc. AAIA, a U.S. company and the successor to the former Adam Aircraft Industries, announced today that significant steps have been made in its plan to resume operations. Key...
RALEIGH, N.C., July 30 /PRNewswire/ -- BB&T Insurance Services, the nation's sixth largest insurance broker, today said it plans to expand its coastal South Carolina operation with the acquisition of the Grand Strand's largest insurance agency. Puckett, Scheetz & Hogan, a coastal property insurance specialist, provides a...
Basel/Switzerland and Bridgewater NJ/USA, 10 July 2008 Speedel Holding Ltd. (SWX: SPPN) today announced that yesterdayevening, five major shareholders of Speedel, including Alice Huxley,Chief Executive Officer of Speedel, have informed the Board ofDirectors of Speedel...
Invicta Group Inc. (OTCBB: IVIT) has closed onthe acquisition of the assets of City Book Savings( www.citybooksavings.com ) from IMAGE Worldwide, Inc. (PINKSHEETS: IMGW).City Book Savings is a high-end 4-color glossy direct mailing market book.William Forhan, CEO and Chairman, Richard David Scott, President, andMercedes Henze, Secretary, all resigned...
Targeted Genetics Corporation (NASDAQ: TGEN)announced today that the Department of Defense Amyotrophic LateralSclerosis Research Program of the Office of the Congressionally DirectedMedical Research Programs has recommended grant funding to TargetedGenetics of up to $2.4 million, to be applied towards preclinicaldevelopment of new therapies for amyotrophic lateral sclerosis ALS....
USR Technology Inc. (OTCBB: USRT), is pleased to announce that it has entered into a Letter of Intent, dated June 27, 2008, for the acquisition of certain assets from Hydrocarbon Resources Development Co. P Ltd. of Mumbai, India ("HRD"). The assets being acquired from HRD comprise: - a...
Lake Shore Gold Corp. (TSX: LSG) ("Lake Shore Gold" or the "Company") today announced that its 50% joint venture partner and project operator in the Tipahaakaaning gold project in northwestern Ontario, Northern Superior Resources Inc. ("Northern Superior"), has signed an Early Economic Benefits Agreement ("EEBA") with the Neskantaga...
eMax Worldwide, Inc., previously named eMaxHoldings Corporation (PINKSHEETS: EMXC), announced they have filed an 8K toannounce that Dr. Slavoljub Stefanovic and his family is now the newcontrolling shareholder, President and Chairman of the Board of thecompany. The filing can be found listed at sec.gov and at our website....
MIPS OKs 22 research projects The Maryland Industrial Partnerships program announced the approval of 22 research projects partnering Maryland companies with university researchers to develop high-tech products. Worth $3.6 million, the projects combine $1.8 million from participating companies and $1.8 million from MIPS,...
Expert Group, Inc. (PINKSHEETS: EXPT) announcestoday that the company has been approved by the Florida Department ofFinancial Regulations as a Correspondent Lender. A correspondent lender is an institution which has the capacity toauthorize loans on behalf of a mortgage lender. This type of mortgagelender acts as the agent...
Awareness,Inc. , the leader in enterprise social media , today announced the release andavailability of the Aberdeen Group report titled " Customer 2.0 - The Business Implications of SocialMedia ." The report can be downloaded from the Awareness website forfree here . The ...
WESTON, Fla. -- Ultimate Software (Nasdaq:ULTI), a leading provider of end-to-end strategic human resources, payroll, and talent management solutions, announced today that the City of Ann Arbor is achieving strategic HR gains, experiencing fiscal savings, and meeting its environmental goals since going "live" on core UltiPro, UltiPro...
Capella Intelligent Subsystems, Inc., theleading provider of subsystems for use in reconfigurable optical add/dropmultiplexer ROADM and Optical Crossconnect OXC applications, todayannounced it has earned ISO 9001:2000 certification. The award follows an independent audit of Capella's operations, managementand quality systems performed by world-renowned certification authority,Det Norske Veritas Certification, Inc....
Expert Group, Inc. (PINKSHEETS: EXPT) is proudto announce that GreenTree Financial Group Inc. ("GreenTree") will befiling and preparing all documentation to become a fully reporting NASDAQBulletin Board Company. Already a Pinksheet reporting company, EXPT feelsit is time to up-list, to be able to attract the investment capital...
Orsus Xelent Technologies, Inc. (AMEX: ORS), adesigner and manufacturer of award-winning mobile phones for the People'sRepublic of China PRC and Asian market, announced today it has signed aLetter of Intent LOI to acquire 60% of the outstanding shares of DalianDaxian Investment Development Co., Ltd. DDID for RMB 99...
Articles 2008-07-09
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