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Mayor Bloomberg’s NYC School Bus Plan Misleading, Will Increase Costs to City Not Save, New Report Finds

December 28, 2013

The Amalgamated Transit Union issued the following news release:. The study by Peter Donohue of San Francisco’s PBI Associates for the Amalgamated Transit Union found Bloomberg’s changes to school bus service contracts will increase costs between $60 million to $239 million and not save the $20 million to $40 million as the Mayor claims.

Billing Services Procurement Research Report Now Available from IBISWorld

December 28, 2013

Billing services has a buyer power score of 4.3, representing an advantageous environment for buyers. The fragmented nature of the of the industry benefits the buyer greatly, as many potential vendors exist that can provide a similar level of service. Additionally, the fee structure, where a vendor is paid by a percentage of the total billings collected,…

Chicago, Six Other Metros Add More than 60,000 Jobs in November

December 28, 2013

The Illinois Department of Employment Security issued the following news release:. The November unemployment rate in the Chicago Joliet Naperville Metro Division fell. 02 to reach 8.1 percent while temporary layoffs pushed rates higher elsewhere, according to preliminary data released today by the U.S. Bureau of Labor Statistics and the Illinois…

Toronto Personal Injury Lawyer Zarolia Barristers Launches New Website to Further Assist Clients

December 28, 2013

Zarolia Barristers, the premier Toronto personal injury lawyer firm, announces the launch of its new website to further assist its clients. Having settled over 100 million dollars in personal injury cases, the lawyers at Zarolia Barristers handle automobile accidents, slip and fall accidents and short-term and long-term disability claims.

North Carolina Retirement Planning Firm, Hobart Financial Group, Comments on the Proposed Rise in Social Security Benefits

December 28, 2013

Chris Hobart, the CEO of North Carolina retirement planning firm Hobart Financial Group, responds to an article published by Forbes on December 20th, which reveals that a set of hearings has been held in the Senate on the topic of raising Social Security benefits. ”Senators Sherrod Brown and Patrick Toomey are planning to improve retirement security by…

Certain Entity-Level Requirements Notice Posted in Federal Register

December 28, 2013

The Commodity Futures Trading Commission published the following notice in the Federal Register:. Comparability Determination for Japan: Certain Entity-Level Requirements. The following is the analysis and determination of the Commodity Futures Trading Commission regarding certain parts of a joint request by the Bank of Tokyo-Mitsubishi UFJ, Ltd,…

Certain Entity-Level Requirements Notice Posted in Federal Register

December 28, 2013

The Commodity Futures Trading Commission published the following notice in the Federal Register:. The following is the analysis and determination of the Commodity Futures Trading Commission regarding certain parts of a joint request by the European Commission and the European Securities and Markets Authority that the Commission determine that laws…

Paralyzed Veterans of America Receives Historic Donation

December 28, 2013

Paralyzed Veterans of America issued the following news release:. Paralyzed Veterans of America announced today that it has received its largest donation in the organization’s 67- year history–an estate gift from the late Jeffrey M. Carlton. As a tribute to Mr. Carlton’s entrepreneurial talents, Paralyzed Veterans of America will use the funds to support…

North American Network Selects IFS Applications to Manage Complex Projects in Real-Time

December 28, 2013

The contract is valued at $2 million USD. According to a release, NAN is 100 percent funded by 12 separately owned companies that are part of a group of Local Business Partners in North America. “We needed a solution that could consolidate twelve complex businesses on one standard platform for improved business process automation,” NAN Executive Director Jon…

Jackson and Curian Garner 44 Awards for Marketing and Communications Efforts in 2013

December 28, 2013

Jackson National Life Insurance Company and Curian Capital, earned 44 marketing and communications awards during 2013, breaking the previous record of 28.. -The 2013 Retirement Income Client Education Award from the Retirement Income Industry Association, in recognition of the company’s efforts in the investor education arena. The award was received…

The Presidio Group Names Karl Schade CEO

December 28, 2013

The Presidio Group announced that Karl Schade, Managing Director and head of its private equity group, has been promoted to Chief Executive Officer. Schade served as interim CEO for one of the fund’s investments, Hattrick Sports Group, a sports-gaming enterprise in Central Europe. Schade replaces Brodie Cobb, who founded the firm in 1997. He was named interim…

Riskified Unveils ‘Never Decline’ for E-Tailers

December 28, 2013

Riskified, a contextual chargeback protection platform that increases sales for e-commerce companies, recently launched its trademarked Never Decline solution for e-tailers. According to a release on December 12, the solution gives merchants the option to control which orders are submitted for review, approval and guarantee. Riskified noted e-tailers…

Apkudo Joins Forces With CATR

December 28, 2013

Apkudo, a device quality assurance company, and the China Academy of Telecommunication Research of MIIT, announced that the companies have agreed to deliver Apkudo’s device user experience testing and analysis to the Chinese market. The Apkudo partnership will allow Terminal Test Labs within CATR to help their customers determine how their devices…

Sentinel Security Life Insurance Leverages UNIT4 Coda Financials to Support Growth Strategy

December 28, 2013

UNIT4 Business Software, a North American subsidiary of UNIT4, a company focused on software that supports business change, has signed an agreement to provide Sentinel Security Life Insurance with UNIT4 Coda Financials to help manage its rapid growth. “In anticipation of new product offerings and an expanding market, we needed a robust solution that could…

KPMG and Resilinc Partner to Drive Supply Chain Risk Management Innovation and Adoption

December 28, 2013

Resilinc, a provider of supply chain resiliency solutions, and KPMG, a U.S. audit, tax and advisory firm, announced they have formed an alliance to help clients transform their approach to supply chain risk management. According to a release, KPMG will leverage Resilinc SupplyIntel and EventWatch products in supply chain, IT strategy and advisory engagements to…

Iress Supplies Integrated Technology Solution to Kenanga

December 28, 2013

Iress, an international supplier of capital markets, wealth and mortgage management systems, announced that it had successfully delivered an integrated technology solution for Kenanga Investment Bank Berhad’s Wealth Management division. Iress reported that the technology platform solutions provided to KIBB’s Wealth Management division comprises…

The Graham Company Ranks on Pennsylvania’s Best PlAces to Work List

December 28, 2013

The Graham Company, a mid-Atlantic region insurance and employee benefits brokerage, announced it has topped the 2013 list of “Best PlAces to Work in Pennsylvania.” A partnership of Team Pennsylvania Foundation, the Department of Community and Economic Development and the Central Penn Business Journal, the annual Best PlAces to Work list represents 100…

Ace Risk Management Gets 3 Buyers Choice Awards from Business Insurance Magazine

December 28, 2013

Ace USA, the U.S.-based retail operations of Ace Group, announced that Ace Risk Management, the company’s primary casualty division, has again earned top honors in the 2013 Business Insurance Buyers Choice Awards. Ace Risk Management is the recipient of three awards from Business Insurance: overall winner in the Commercial Liability category, and that…

A.M. Best Revises Outlook to Negative for Germania Mutual Group’s Members

December 28, 2013

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- and issuer credit ratings of “a-” of Germania Mutual Group’s property/casualty members. Concurrently, A.M. Best has affirmed the FSR of B++ and ICR of “bbb” of Texas Heritage Insurance Company, an affiliate of Germania. Additionally, A.M. Best has affirmed the FSR…

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