CNA Reinforces Its Commercial Real Estate Appetite with New Coverage and Service Enhancements

Wednesday, December 3rd 2008

Last Spring, CNA announced commercial real estate and property owners as a part of its targeted Middle Market focus class initiative. Today, the global insurer reinforces commercial real estate as a core industry appetite with the announcement of new coverage and service enhancements, further positioning CNA as a premier carrier for these businesses. “We’ve seen strong new business growth with this business since we launched it earlier this... 

The Allen Group to Develop a Build-to-Suit Container Yard at Dallas Logistics Hub

Wednesday, November 26th 2008

The Allen Group, developers of the Dallas Logistics Hub (DLH), a 6,000-acre multi-modal logistics park in Southern Dallas County, announced today an execution of a lease with Bridge Terminal Transport (BTT), one of the largest marine container haulers covering all major port locations and inland rail sites within the United States. BTT is a market leader in worldwide container services, agency, logistics and terminal activities. The company will relocate... 

Stantec Makes Offer to Acquire Environmental Consulting Firm Jacques Whitford

Monday, November 24th 2008

North American design firm Stantec announced it has offered to acquire Jacques Whitford, an environmental consulting services firm with more than 1,700 employees and 40 offices principally in Canada. The company’s trailing twelve month gross revenue is approximately C$230.0 million and net revenue is about C$170.0 million. The transaction, expected to be completed in January 2009, is subject to satisfactory due diligence, regulatory approvals,... 

LandAmerica Moves Forward

Saturday, November 22nd 2008

LandAmerica Financial Group, Inc. announces that the merger agreement previously executed on November 7, 2008 with Fidelity National Financial, Inc. (“Fidelity”) has been terminated. Under the agreement, Fidelity had sole discretion to terminate on or before November 21, 2008. LandAmerica Chairman and Chief Executive Officer Theodore L. Chandler, Jr. said, “We are disappointed with Fidelity’s decision; however, our attention... 

MSB, Enservio Link Speeds Contents Claim Processing

Saturday, November 22nd 2008

Property insurance information provider MSB and contents valuation provider Enservio deliver good news to the property insurance industry. Today the companies announce an alliance for delivering contents valuations for property claims through electronic integration between MSB’s IntegriClaim® property claim estimating solution and Enservio’s contents claims management process. Property insurers leveraging IntegriClaim’s Administrator... 

Industrial Online Auction Company AssetNation, Inc. Formed

Friday, November 21st 2008

AssetNation, Inc. was formed to be the world’s leading industrial online auction provider. AssetNation has created a global marketplace that assembles some of the strongest brands in the online auction community, which include SalvageSale, SalvageSale Ltd (UK) and CapitalAssetSale. The flagship brand, SalvageSale, supports commercial property and casualty insurance companies by dramatically increasing recoveries on damaged commercial and industrial... 

Regions Program Helps Keep Residential Mortgage Foreclosures Low

Friday, November 21st 2008

Regions Financial Corporation (NYSE:RF) announced that it has reached out to over 103,000 residential first mortgage and home equity customers in the first year of its program to help customers avoid hardship. As a result, Regions has taken steps including renegotiating the terms of mortgages, keeping families in their homes and allowing the company to maintain a foreclosure rate of less than one percent for residential first mortgages. “We have... 

Tom Hettinger Receives Top Honor at CAS Annual Meeting

Wednesday, November 19th 2008

EMB, a global property and casualty (P&C) consulting firm, today announced that the Casualty Actuarial Society (CAS) has honored Tom Hettinger, Managing Director North America, with the Above and Beyond Achievement Award for 2008. Hettinger was recognized for his roles as Chair of this year’s ERM Symposium and leader of the task force to create the 2009 Ratemaking and Product Management Seminar, of which he is now the Chair. Each year, the CAS... 

New Publication From Institutional Real Estate, Inc. to Cover Asian Institutional Property Markets

Wednesday, November 19th 2008

Institutional Real Estate, Inc. (IREI), a publishing and consulting firm focused on serving the institutional property marketplace, has launched The Institutional Real Estate Letter – Asia Pacific at the Editorial Advisory Board meeting held in Kyoto, Japan, November 4–6. The first issue is scheduled for January 1, 2009. The publication will be a preeminent information source for Asian institutional real estate investors, including pension funds,... 

New Publication From Institutional Real Estate, Inc. to Cover Asian Institutional Property Markets

Wednesday, November 19th 2008

nstitutional Real Estate, Inc. (IREI), a publishing and consulting firm focused on serving the institutional property marketplace, has launched The Institutional Real Estate Letter – Asia Pacific at the Editorial Advisory Board meeting held in Kyoto, Japan, November 4–6. The first issue is scheduled for January 1, 2009. The publication will be a preeminent information source for Asian institutional real estate investors, including pension funds,...