Prudential Mortgage Capital Company provided a £32.4 million loan to refinance Fizzy Living’ s UK Private Rented Sector portfolio. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc., which is headquartered in the US, and is one of the largest commercial mortgage lenders in the US.
INN Insider News
–Keas, the health management leader, today announced the launch of Health Hub, the first Health Management platform for self-insured employers. American employers spend one trillion dollars on healthcare, health incentives and health administration each year. “The irony of reducing waste and improving the health of the employer-sponsored population- for…
–The MassMutual Trust Company today announced a new Charitable Giving Program, a donor advised fund in partnership with Renaissance Charitable Foundation, Inc.. “We’re excited about the launch of the MM Trust Giving Program, which offers consumers a simple and flexible way to achieve ongoing charitable giving goals while also helping to secure future…
Alliant Insurance Services, the nation’ s largest specialty insurance brokerage firm, and the Associated General Contractors of America have announced the formation of the Alliant Build America Scholarship. “We are focused on encouraging as many students as possible to pursue an education in construction science and construction project management,” said…
–Catasys, Inc., provider of proprietary health management services to health insurers and employers, announced today that Cenpatico and Managed Health Services, a Centene health plan in Wisconsin, have expanded Catasys’ On Trak program to MHS’ eligible Medicare Advantage members in Wisconsin. This expands a relationship that began in the first quarter of 2014…
Magellan Health, Inc. today announced that it has entered into an agreement to acquire 4 D Pharmacy Management Systems, Inc., a privately held, full-service pharmacy benefit manager headquartered in Troy, Mich., serving managed care organizations, employers and government-sponsored benefit programs, such as Medicare Part D plans. In addition to bringing scale…
March 18– SOUTH COUNTY– Almost three weeks since a fire ripped through the home of a 28- year-old South County woman and her 9- year-old son, the pair is trying to rebuild their lives with some help from friends. Devon Salse was living with her son, Tysen, on the second floor of a home on the 0- to-100 block of Cutter Drive north of Watsonville. Watsonville and Cal Fire…
CIO Review has chosen RAM Technologies, Inc. for its list of Most Promising Insurance Technology Solution Providers. “CIO Review’s editorial board analyzed over 500 companies providing Insurance solutions for various industries,” said Harvi Sachar, Founder and Publisher of CIO Review. “RAM Technologies has demonstrated continued excellence and the value…
Anthony Strianese, Wholesale Division President of Brown& Brown reported that Brown& Brown subsidiaries Apex Insurance Agency and Public Risk Underwriters of Georgia will combine to operate together under the Apex brand. Brown& Brown, through its subsidiaries, offers a broad range of insurance products and related services. Additionally, certain Brown&…
LendingTree said it has released a new study analyzing the credit scores of subprime auto loan borrowers for loans originated in 2014.. LendingTree found that over the one year period ending December 31, 2014, the monthly average of borrower credit scores for loans closed by LendingTree’s network of lenders increased by 10 points. Instead, LendingTree data…
Emergency Physicians Insurance Company RRG reported that it has earned a Financial Stability Rating of A, Exceptional, from Demotech. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners. Emergency Physicians Insurance Company, RRG is a…
Stephen F. Lovell reported the recent opening of a new tax- reporting firm, Silicon Valley Tax, which will complement services provided at his existing business, Lovell Wealth Legacy. Stephen F. Lovell is a credentialed retirement expert. He is president of Lovell Wealth Legacy and a branch manager at LPL Financial.
–A. M. Castle& Co., a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced today that it has reached an agreement with Raging Capital Management, LLC on the composition of the Company’s Board of Directors. Steven W. Scheinkman, Kenneth H. Traub, and Allan J. Young have joined Castle’s Board effective…
Senators Mike Crapo and Mark Warner led a bipartisan group of their colleagues on the Senate Banking Committee today to introduce a budget point of order to prevent the Senate from using Fannie Mae and Freddie Mac from financing unrelated spending. The bill, S. 752, is co-sponsored by Senators Richard Shelby, Jon Tester, Bob Corker, Heidi Heitkamp, David Vitter,…
Culture of retaliation: Union Pacific Railroad disciplines locomotive engineer. NORTH PLATTE, Neb.– For the third time since 2011, the Union Pacific Railroad has violated the Federal Railroad Safety Act at its yard in North Platte by disciplining employees who reported workplace injuries and sought medical attention, the U.S. Department of Labor’s…
Martin Shenkman There’s been a fundamental shift in advisors’ main estate planning concerns in recent years. With estate-tax exemptions considerably…
SIFCO Industries, Inc. announced today that it has entered into a definitive agreement to acquire the Italian-based company C* Blade from Riello Investment Partners. Located in Maniago, Italy, C* Blade has approximately 150 employees and annual revenues of approximately US $30 million. “C* Blade enjoys a strong reputation for its design expertise and high…
–AFS/IBEX Financial Services, a division of MetaBank, has been selected by the Independent Insurance Agents of Texas to be its exclusive premium finance company of choice. The Independent Insurance Agents of Texas is the nation’s largest state association of Trusted Choice ® agencies. IIAT is also affiliated with the Independent Insurance Agents& Brokers…
Acquisition of one clinical and three pre-clinical phase development programs Concurrent $42 million equity investment in Ignyta by Teva and selected healthcare investors Upon closure of the agreements, Teva will hold approximately 12% of Ignyta common shares Ignyta to host conference call and simultaneous webcast to discuss the transaction at…
