AVIC International Engineering Holdings, an indirectly wholly- owned subsidiary of AVIC, jointly with Europe Project Management, Europe Technology, and Europe Engineering Holdings, has published the offer document for the voluntary public takeover offer to the shareholders of KHD to acquire all shares in KHD. AVIC already indirectly owns a total of approx….
Newswires
ALEXANDRIA, Va., Nov. 27– Hartford Steam Boiler Inspection& Insurance, Hartford, Conn., has been assigned a patent developed by Richard B. Jones, Dallas, and Gregory M. Barats, Dallas, for an “insurance product, rating system and method.” The patent application was filed on April 27, 2012. Written by Sudarshan Harpal; edited by Jaya Anand.
Mr. Vinci earned his Certified Chief Executive Designation from the University of Pennsylvania-The Wharton School, Cornel University- Johnson Graduate School and University of Virginia-Darden School. As part of his community involvement, Mr. Vinci was on the Board of Okanagan Crime Stoppers and is the Past President. Chair of PAC and Founder Massimo Barone…
Independent Bank Corp., parent of Rockland Trust Company, announced the completion of its acquisition of Mayflower Bancorp, Inc., parent of Mayflower Co-operative Bank d/b/a Mayflower Bank. The acquisition was effective as of 11:59 p.m. on the same day, at which time Mayflower Bancorp, Inc. merged with and into Independent, with Independent the surviving…
A new article by Sibson Consulting’s Jason Adwin, “Compensation Planning for 2014: Salary-Increase Budgets Remain Stable,” indicates that salary-increase budgets for 2014 will rise only slightly from the previous year, continuing a trend that is now three years old. With inflation and the economy showing slow growth, it appears merit budgets have settled into…
Solera Holdings, a global provider of software and services to the automobile insurance claims processing and decision support industries, announced that it has completed the purchase of equity interests in a parent company of Service Repair Solutions from an affiliate of Welsh, Carson, Anderson& Stowe, a private equity firm. SRS’s diagnostic and repair…
Validic, an API platform that connects personal health data to the healthcare system, announced the closing of an investment round of $760,000 led by Dallas Mavericks owner Mark Cuban. Validic connects healthcare organizations including hospitals or health insurers with individual health data recorded via mobile apps and devices ranging from the Nike…
MetLife, a provider of employee benefits, announced the availability of grief counseling services on its basic group life insurance programs. MetLife’s grief counseling service is provided by Harris, Rothenberg International, Inc.. Providing the resources, comfort, and support to deal with a loss helps enhance the group life benefits program for all…
Fitch Ratings assigns an’ AA-‘ rating to the following Massachusetts Housing Finance Agency’s housing bonds:. The bonds are expected to be sold the week of Nov. 14, and close on or about Nov. 21. Fitch also affirms the’ AA-‘ underlying rating on approximately $1.7 billion of parity housing bonds.
BeneFinder announced the launch of its online marketplace for individual health insurance in the Virginia Commonwealth. According to a release, BeneFinder allows consumers to choose from plans offered in Virginia- both those offered within the Federal Exchange marketplace, and those offered privately through the carriers. “The Affordable Care Act has…
Seibels, an insurance services provider of processing, technology, and claims solutions, and Elements Property Insurance Company, a Florida homeowners insurance company, announced that Elements Property Insurance Company has selected Seibels to manage its business process outsourcing and policy administration services. According to a release,…
This is mitigated by the company’s conservative reserving philosophy and the ongoing demonstrated support from its parent, Duke Energy Corp.. The risk management team of Duke Energy takes a holistic approach to managing its risks and utilizes the captive as an integral part in this process. Bison’s long-term growth opportunities primarily depend on the…
In a release on November 15, A.M. Best noted that the outlook assigned to all ratings is stable. Nevertheless, A.M. Best recognizes the substantial financial resources of the captives and its parent. A.M. Best views the captives’ management and corporate strategy as a strengthening factor in its ratings, given the group’s conservative underwriting, operational…
Optimal Blue, developers of cloud-based, managed-content, enterprise lending services for mortgage lenders, announced that James Rowe has joined the company as Managing Director of its newly created Data and Analytics business unit. Senior management positions that Rowe has held include Managing Director of Mergers and Acquisitions at Lender…
Guidance Software, Inc., a company focusing on digital investigations, announced the first integration of EnCase eDiscovery, a complete e-discovery suite, with Box, an enterprise cloud content management platform. “In order for Box to meet the challenges of highly regulated industries, such as legal services, we are committed to working with partners like…
Formica Corp. has announced three new appointments to its executive leadership team: Steve DeMay, vice president of sales; Amy Gath, vice president of marketing; and Raul Rosado, vice president and chief legal counsel. “The value proposition of laminate has grown by leaps and bounds in recent years and the Formica brand has been at the forefront of this evolution,”…
Governor O’Malley has appointed four new judges: Master Brenda Alverta Sexton will serve on the Circuit Court for Cecil County; Fred Scott Hecker will serve on the Circuit Court for Carroll County; Danny Brian O’Connor will serve on the Circuit Court for Frederick County; and, Earl Wilbur Bartgis, Jr. will serve on the District Court for Frederick County.
He serves on the board for the State Building Code Council and the Board of Directors for Wayne City United Way. David Schaad- Schaad is an associate professor and chair at Duke University in the Department of Civil and Environmental Engineering. He received an M.S. in civil engineering from the University of Colorado and a Ph.D. in civil engineering from Duke…
Tenable Network Security announced it was named a Deloitte Technology Fast 500 Award Winner for 2013, and was included on a list of the 500 fastest growing technology, media, telecommunications, life sciences, and clean technology companies in North America for the fifth straight year. He said, “This recognition continues the steady momentum Tenable has seen…
