INN Insider News

Kroll Bond Rating Agency is pleased to announce the assignment of preliminary ratings to 16 classes of the CGCMT 2015– GC27 transaction. The loans have principal balances ranging from $1.2 million to $99.0 million for the largest loan in the pool, Kemper Lakes Business Center, a 1.1 million sf, Class-A office complex located in Long Grove, Illinois,…

Jan. 21– The trial for a Pullman dentist accused of four counts of Medicaid fraud began late Tuesday afternoon in Latah County. After a lengthy morning spent selecting jurors, attorneys gave their opening statements a little past 2 p.m. in the trial against 69- year-old Alfred Fairbanks. “Mr. Fairbanks had a plan, and that plan was to get money he was not entitled to,”…

The Applied Alliance program provides member partners dedicated account management and marketing support to increase their market visibility and value to members. Current Alliance partners include Iowa Bankers Insurance and Services, Inc., The Iroquois Group ®, Keystone Insurers Group, Inc., SecureRisk Insurance Solutions, United Valley Insurance…

Prior to Corum, he founded Middlebrook Advisors LLC, an angel investment and advisory firm for growth oriented technology companies. Before Corum Group, he was CEO of MTW Corporation and led the sale of the business to Innovation Group PLC. At Innovation Group PLC from 2001 to 2010 he served in a number of executive operating and board roles including; president,…

Nearly half of Americans age 50 and older expect to retire later than they hoped, citing financial concerns, according to a 2013 study by the Associated Press-NORC Center for Public Affairs Research. A good benchmark on retirement readiness is the ability to replace at least 75 percent of your pre-retirement income at the age you qualify for full Social…

–Vantage Software has combined its private equity know-how with state-of-the-art cognitive computing capabilities from IBM Watson to create Coalesce, a software tool designed to help investment managers make faster, more accurate decisions. Vantage unveiled its Coalesce product at the Private Equity International CFO and COO Forum in New York City this…

ISO is a Verisk Analytics business. “With the achievement of this milestone, Delphi Technology is positioned to offer carriers a new way to access and manage ISO content,” said Sam Fang, CEO, Delphi Technology.“ Delphi’ s integration with ISO Electronic Rating Content will enable insurers to significantly reduce their product configuration and maintenance, when…

U.S. Bancorp today reported net income of $1,488 million for the fourth quarter of 2014, or$. 79 per diluted common share, compared with $1,456 million, or$. 76 per diluted common share, in the fourth quarter of 2013. The fourth quarter of 2014 reflected notable items related to equity investments, charitable contributions and accruals for legal matters that,…

–Starboard Value LP, on January 20, 2015 disclosed a 13.2% ownership stake in Insperity, Inc. making it the Company’s largest shareholder. Starboard also announced that it has delivered a letter to Paul J. Sarvadi, Insperity’s Chairman and Chief Executive Officer, and the Board of Directors of the Company. Starboard Value LP, together with its affiliates,…

The Capacity Group of Companies and All Trans Risk Solutions, an affiliate of Capacity, reported that All Trans has entered into a strategic investment in Transportation Insurance Services. We are delighted to be working with Jackie DeVries and Dick Love as business partners and believe that TIS will continue to grow and thrive under their leadership. “

Avila Rodriguez Hernandez Mena& Ferri reported the promotion of Mauricio D. Rivero to partner. He also regularly represents clients before the Internal Revenue Service and in probate proceedings, the company noted in a release. Prior to joining ARHMF, Rivero was a private wealth and tax associate at an AmLaw 100 international law firm following a ten- year…

Alliant Insurance Services said that Nancy Arky has joined the company’s Tribal First group as Casualty Underwriting Manager. “Nancy brings extensive property and casualty experience coupled with an in-depth knowledge of the tribal insurance marketplace,” said Sean McConlogue, President of Tribal First. Prior to joining Alliant, Arky was Senior Vice…

The Mercury Insurance Special Investigation Unit- the CSI of the insurance industry- demonstrated how fraudsters fake crashes to try to cheat the system at an event in Glendale, Calif. held for nearly 120 police, fire and EMT personnel. “We chose Glendale because the average driver in this area will report an accident once every three years, which is significantly…

Alliant Insurance Services reported that Nancy Arky has joined the company’s Tribal First group as Casualty Underwriting Manager. “Nancy brings extensive property and casualty experience coupled with an in-depth knowledge of the tribal insurance marketplace,” said Sean McConlogue, President of Tribal First, in a release. “Her strength in management,…

U.S. Risk Insurance Group reported that it has named Adam Felton as Assistant Vice President of Marketing and Development of U.S. Risk Solutions, its affinity group sales and servicing division. Adam will assume the primary strategic and operational responsibilities for the marketing and development activities of U.S. Risk Solutions.

American International Group, Inc. today announced that it has agreed to acquire Laya Healthcare, Ireland’ s second largest health insurance provider. Operating in Ireland since 1997, Laya Healthcare has nearly 500,000 customers. “Laya Healthcare’ s experienced management team and its success focusing on consumers in the healthcare space strengthen our…

SC Capital Partners, a Singapore- based institutional real estate private equity investment firm, is pleased to announce the final closing of its fourth real estate private equity fund, Real Estate Capital Asia Partners IV L.P., with $850 million of total equity commitments. “We are delighted to have worked again with the SC Capital Partners team and are very…

Wattana, Thailand—- 01/20/2015– Hudson James Investment Management, a company which specializes in managed ETF strategies, has teamed up with Brooklands Pensions to provide an overseas pension scheme which is actively managed on behalf of British expatriates retiring overseas. The QROPS avoids 20%- 45% income tax in the UK, 45% tax on death post-75 and targets…

–In keeping with a strategic decision announced last year, QBE North America has entered into an agreement to sell its US Agency business, which includes Community Association Underwriters, Deep South, and SIU, to Alliant Insurance Services. While QBE North America will maintain the underwriting portion of the business, this transaction effectively results…