business moves News

Allied World to Acquire Asian Operations of RSA

Allied World Assurance Company, Ltd has reached definitive agreements to acquire the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (“RSA”) for approximately $215 million. The business includes a niche group of specialty lines, including casualty, …

Caliber Collision Opens New Collision Repair Center Near Houston

Caliber Collision Centers announced the opening of its 63rd Texas location in the greater Houston area. Caliber Collision’s new Tomball location, with over 15,000 square feet of space, opened for business at 28310 State Highway 249, in Tomball, Texas. The …

ABRA Continues Tennessee Expansion

ABRA Auto Body & Glass, a national damaged vehicle repair company, announced the purchase of Tennessee Collision Repair. The new center is located in Alcoa, Tenn., about 20 minutes south of Knoxville. Terms of the deal were not disclosed. This …

Driveway Data Challenge: Insurance Telematics vs. Smartphone UBI

Which insurance telematics solution most effectively tracks driving behavior? That’s one of the key questions posed by the Driveway Data Challenge conducted by Driveway Software. The Challenge measures three drivers for three weeks, using two insurance telematics devices: A smartphone …

Tenco Services Announces New Subsidiary

Tenco Services Inc. announced a new subsidiary, Tenco Marine and Transportation Services (TMTS), specializing in inland marine surveys, truck liability claims and motor truck cargo claims. Visit www.tencomts.com for more information. Adjusters may send assignments via email to claims@tencomts.com   …

Safety National Offers Distracted Driving Course to Policyholders

In an effort to help policyholders prevent work-related vehicle accidents, Safety National has added a Distracted Driving Course to MAP Client Services, the Company’s suite of value-added risk control offerings. Using online simulation, Safety National’s Distracted Driving Course provides targeted, …

Pure Insurance Reinvents Appraisal Process

Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer designed for high net worth individuals and families, announced the launch of the PURE360 Risk Management Consultation, a concierge-level, frictionless service to prevent losses and determine a fair home replacement cost. …

ABRA to be Acquired by Senior Management Team and Hellman & Friedman

ABRA Auto Body & Glass, a national damaged vehicle repair provider, and its principal owner, Palladium Equity Partners, LLC announced a definitive agreement for ABRA to be acquired by affiliates of Hellman & Friedman, LLC along with ABRA’s senior management …

Mitchell Sponsors Incubator Program to Drive San Diego Tech Startups

Mitchell International announced the launch of Mitchell@EvoNexus, a Mitchell-sponsored San Diego business incubation program operating within the CommNexus incubator, EvoNexus. The new program enables local startups to accelerate their product and business development by providing financial support, use of co-working …

HVACi Offers Bilingual Claims Representatives

HVAC Investigators (HVACi) is now offering its claims assessment service for Spanish speaking policyholders. According to the 2010 Census, over 37.6 million people in the United States speak Spanish at home and more than 25 percent of that group speaks …