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Prosperity Has Entered Into a Definitive Agreement to Acquire SBLI USA

Feb 1, 2013

Prosperity Life Insurance Group (Prosperity) has entered into a definitive agreement to acquire SBLI USA Mutual Life Insurance Company (SBLI USA), through a sponsored demutualization. Further terms of the agreement have not been revealed. ...

Tags: Life insurance, insurance company, insurance

Towergate Insurance Has Successfully Completed The Acquisition of Insurance Broker

Feb 1, 2013

Towergate Insurance has successfully completed the acquisition of insurance broker Speake Medley (Commercial Insurance) and Woodside Insurance Service's general insurance business. CCV has also procured an additional 45% shareholding in ...

Tags: Towergate Insurance, insurance broker, Insurance Services

Velox Insurance Is Establishing an Additional Office in Tucker

Feb 1, 2013

US insurer Velox Insurance is establishing an additional office in Tucker, Georgia, in an effort to offer affordable insurance coverage to the customers in the area. The new office is scheduled to be opened in February 2013, and will be ...

Tags: Velox Insurance, insurer, insurance coverage

MGIC Has Introduced a New, Streamlined Underwriting Program

Feb 1, 2013

Mortgage Guaranty Insurance Corporation (MGIC) has introduced a new, streamlined underwriting program for loans with a Fannie Mae Desktop Underwriter Approve or Freddie Mac Loan Prospector Accept response. Effective immediately, the MGIC ...

Tags: underwriting program, Insurance, underwriting processes

Lextar Electronics Announces Its Official Merger with Wellypower Optronics Is Set to place

Feb 1, 2013

Lextar Electronics has announced that its official merger with Wellypower Optronics is set to take place on February 1, 2013. Upon the merger of the two LED subsidiaries of AU Optronics (AUO), Lextar will have a capital value of NT$5 ...

Tags: Lextar Electronic, Wellypower Optronics, LED subsidiaries

Voith Has Been Successful in Securing Contracts in Small Hydro Business in South America

Feb 1, 2013

Just at the end of the year, Voith has again been successful in securing contracts in its small hydro business in South America: There, the company has been awarded to contracts for the erection of hydro power plants in the small hydro ...

Tags: Small Hydro Segment, hydro unit, turbines

Mac Process Has Launched The MEGABond Cartridge Filtration Media

Feb 1, 2013

US company Mac Process has launched the MEGABond cartridge filtration media. Mac Process says that the MEGABond delivers HEPA efficiencies for a wide variety of dust collection applications. Now available for use in SpaceSaver® and ...

Tags: cartridge filtration, MEGABond, dust collection application

Case Goods Suppliers Came to Market with Aggressive Introductions

Feb 1, 2013

AT THE MARKET - Case goods suppliers came to market this week with aggressive introductions aimed at boosting business in the bedroom and formal dining room categories in 2013. Based on reaction from dealers thus far, business could pick ...

Tags: Case goods, bedroom furniture, dining room categories

Heavy Traffic Is The Common Denominator for Many Upholstery Showrooms

Feb 1, 2013

AT THE MARKET - Heavy traffic - the kind not seen in several years - is the common denominator for many upholstery showrooms at this week's market. Marshfield Furniture attracted showroom visitors with bright hues, a variety of ...

Tags: Marshfield Furniture, silhouettes, housing market

TBG-The Buying Giant Buying Group Will Hold Its Semiannual Board and Membership Meetings

Feb 1, 2013

HARRIMAN, Tenn. — TBG-The Buying Giant buying group will hold its semiannual board and membership meetings during the February Tupelo Furniture Market. The member-owned group's board meeting and dinner will be Feb. 27 at the Tupelo ...

Tags: TBG, semiannual board, February Tupelo Furniture Market

Kas Rugs Is in a New Showroom Here

Feb 1, 2013

LAS VEGAS - Kas Rugs is in a new showroom here that it says allows it to show a larger assortment of its growing product line. The company previously showed in World Market Center B-570 and is now in the lobby area of the same building in ...

Tags: Kas Rugs, product line, company news

Xylem Expands Dewatering Pump Rental Offering Across Europe to Cater for a Growing Demand

Feb 1, 2013

Xylem Inc. has announced that it is expanding its dewatering pump rental offering across Europe to cater for a growing demand within the construction, municipal, mining and industrial sectors. Xylem will increase its bank of surface ...

Tags: Dewatering Services, dewatering pump, submersible pumps

Bull Falls Craft Beers Is Distributed by MID-Wisconsin Beverage

Feb 1, 2013

Bull Falls Brewery in Wausau, Wisconsin, US, has entered into an agreement with Mid-Wisconsin Beverage for the distribution of its craft-brewed beers across central and northern Wisconsin. The distribution agreement comes on the heels of ...

Tags: Bull Falls Brewery, Mid-Wisconsin Beverage, craft-brewed beers

Skoda Octavia Wagon Has Been Spied Testing in Both Standard and Sporty RS Forms

Feb 1, 2013

The new Skoda Octavia wagon has been spied testing in both standard and sporty RS forms, as the German-owned Czech brand readies for the cars’ respective Geneva and Frankfurt motor show debuts. Wrapped in camouflage to look like the ...

Tags: Skoda, Octavia Wagon, RS Models

Ssangyong Korando S Petrol Introducing a New Strategy

Feb 1, 2013

The Ssangyong Korando S petrol has launched in Australia, introducing a new low-cost entry-level variant to the compact SUV range and ending the South Korean manufacturer’s long-running diesel-only local strategy. Priced from ...

Tags: Ssangyong, Korando S petrol, compact SUV range