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CBIZ Has Acquired The Assets of Georgia-Based Specialty Property

Dec 3, 2012

CBIZ has acquired the assets of Georgia-based specialty property and casualty brokerage firm Trinity Risk Advisors, effective from 1 September 2012. Upon the completion, the agency will add five employees and approximately $1m to CBIZ ...

Tags: CBIZ, Georgia, casualty, specialty property, insurance

Allstate Insurance Sued 18 Persons to Recover More Than $796,000

Dec 3, 2012

Allstate Insurance has sued 18 persons to recover more than $796,000, which the company paid to its customer due to forged bills prepared by these people. The underwriter filed a case in Federal District Court as a Declaratory ...

Tags: Allstate Insurance, insurance defraud, insurance, defraud case

Allstate Has Named Sanjay Gupta as The Company's Executive Vice President

Dec 3, 2012

US personal lines insurer Allstate has named Sanjay Gupta as the company’s executive vice president and chief marketing officer, effective from 1 September 2012. The insurer has assigned Gupta to concentrate on marketing and ...

Tags: Allstate, Sanjay Gupta, executive vice president, marketing officer

Boston Scientific Has Completed Enrolling First Patient in a Evolve II Clinical

Dec 3, 2012

Boston Scientific has completed enrolling first patient in a EVOLVE II clinical trial of its Synergy Everolimus-Eluting platinum chromium coronary stent system. The CE-marked stent features a combination of everolimus drug and ...

Tags: Synergy Everolimus Eluting platinum chromium coronary stent system

The Sales of Faurecia Q3 Adds up 7.9%

Dec 3, 2012

French auto parts maker Faurecia has reported consolidated sales of EUR4.08bn for the third quarter of 2012 an increase of 7.9% compared to EUR3.78bn for the same period in 2011. Product sales of the company for the quarter were up by ...

Tags: Faurecia, automobile production, operating income, auto parts

AEGON Has Appointed Two Key Executives in Its Management Team

Dec 3, 2012

AEGON has appointed two key executives in its management team including Michiel Katwijk as chief financial officer (CFO) for the Americas and Darryl Button as executive vice president, head of the corporate financial center, effective from ...

Tags: AEGON, management, CFO, financial center, finance

Packaging for Lactalis Precious Sticksters Brands Has Been Developed

Dec 3, 2012

US manufacturer of rigid and flexible packaging materials Clear Lam Packaging has developed new, renewable packaging for Lactalis American Group’s Precious Sticksters brands. The Precious Sticksters package made on horizontal form, ...

Tags: Sticksters, packaging materials, renewable packaging

Cintas Corporation Has Developed New Line of Shirts Made From Recycled Plastic Bottles

Dec 3, 2012

US-based uniform company Cintas Corporation has developed new line of shirts made from recycled plastic bottles for casino workers. The company uses technology that convert plastics into a fibre that can then be woven into fabric to make ...

Tags: Recycled Plastic Bottles, line of shirts, recycled bottles

Avery Dennison Has Unveiled a New Technology

Dec 3, 2012

Global manufacturer and distributor of pressure-sensitive adhesive materials, Avery Dennison has unveiled a new technology, TurnLock Laminating System that allows converters to produce protected graphics with 30% less material and ...

Tags: Avery Dennison, common print techniques, turn bar, laminating technology

Chrysler Is Planning to Use Wabco's Vacuum Pump Technology in Its Passenger Cars

Dec 3, 2012

US-based automaker Chrysler has awarded a multi-year contract to Wabco, a tier-one supplier to the commercial and automotive vehicle industry, to deliver vacuum pump technology to be equipped in its passenger cars in North America, Europe ...

Tags: Chrysler, commercial and automotive vehicle, vacuum pump, passenger cars

Daimler Has Reported Revenue of Eur27bn for The First Quarter of 2012, up 9%

Dec 3, 2012

German luxury carmaker Daimler has reported revenue of EUR27bn for the first quarter of 2012, up 9% compared with revenue of EUR24.7bn in the same quarter previous year. The company posted net profit of EUR1.4bn in the quarter, an ...

Tags: Daimler, EUR27bn, revenue grew

Jacinto's Sleep and Imaging Center Is Purchased by University General Health System

Dec 3, 2012

Integrated multi-specialty health care provider University General Health System has purchased Jacinto Medical Group's sleep and imaging center in Baytown, Houston, Texas, US. The acquisition expands the ambulatory surgical service ...

Tags: sleep and imaging center, University General Health System

New Burton Home Collection Is Launched by Pbteen

Dec 3, 2012

PBteen, a member of the Williams-Sonoma, Inc. portfolio of brands, announced the launch of an exclusive home collection designed in collaboration with Burton, the world’s leading snowboard company. The new collection will be available ...

Tags: bedding, lighting, lounge seating, wall décor, home collection

Prudential Insurance Has Struck a Deal with GM

Dec 3, 2012

Prudential Insurance has struck a deal with General Motors, which will allow Prudential to assume certain salaried retiree benefit obligations as part of GM’s plan to reduce pension obligations by nearly $26bn. The agreement is ...

Tags: Prudential Insurance, General Motors, retiree benefit, insurance

Prudential Financial Has Reported First-Quarter Net Loss for Services Business at $988m

Dec 3, 2012

New Jersey-based Prudential Financial has reported first-quarter net loss for its financial services business at $988m or $2.09 per share, compared to net income of $539m or $1.10 per share during the same period in 2011. Financial ...

Tags: Prudential Financial, financial service, net income, quarter 1, finance