Business Data News

US Investigations Services, Inc. (USIS) has announced that it will combine its two government-sector businesses into a new unified business called the Government Services Group (GSG). The GSG will include USIS’ Investigative Services Division (ISD), which is the largest provider of security investigations for the federal government, and the National Security Division (NSD), which is [...]

Overland Park-based Lockton Affinity is a specialty insurance program administrator that creates and implements insurance programs for associations, franchises and affinity groups Business Names. The company is a subsidiary of Kansas City-based Lockton Inc.
Ziegler previously served as vice president and program executive for Lockton Affinity. He now will be responsible for the company’s daily [...]

one of a series about how a souring economy and rising prices are pinching consumers, businesses and workers.
At a time when groceries and gasoline are getting more and more expensive, workers for a local community services agency learned this week about another challenge: a big increase in their health insurance costs.
Stories of smaller companies struggling [...]

U.S. Rep. Ron Kind, D-La Crosse, and others introduced the legislation, which was endorsed by the National Federation of Independent Businesses, National Association of Realtors and Service Employees International Union.
The legislation is aimed at lowering health care costs for small businesses by allowing them to group together to obtain lower premiums and provide tax credits [...]

Green Business Insurance, Inc. is the nation’s first independent insurance agency to focus on the unique property and casualty insurance needs of green businesses according to Pat Thompson, CPCU, President.
“Green businesses, of all types, are important to the future of our nation’s economy and environment and we are excited to help manage their exposure to [...]

Insurance consultant Scott Simmonds offers some advice to business insurance buyers…
The recent Supreme Court rulings regarding retaliation lawsuits by disgruntled former employees points to the need for employers to purchase employment practices liability insurance while following strict procedures in hiring and firing.
Employment practices liability insurance (EPLI) provides protection for wrongful employment acts such as discrimination, [...]

The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group, registered a 71 per cent increase in business insured in 1428H (2007-2008G) for the first in the corporation’s history, reaching a total of $1.47 billion.
According to the 1428H annual report of ICIEC, made available to [...]

UBS said Thursday it would close its municipal bond business after failing to find a buyer for what was the third-largest underwriter of American state and local government debt last year.
UBS, based in Zurich and Switzerland’s largest bank, will lay off about 280 people, a spokesman, Doug Morris, said.
“UBS explored a number of alternatives to [...]

Prudential Assurance Malaysia Bhd (PAMB) will focus on the development of wealth planners and beefing up its multi distribution channels in a move to push the company to the number one spot in the life insurance business.
Chief executive officer Bill Lisle said: ”We want to be the number one player but more importantly, the company [...]

Phil Bredesen has signed into law a bill to allow small companies to unite to negotiate for group health insurance, small-business advocates hope affordable care and expanded options will soon be available.
Tennessee’s leader of the National Federation of Independent Business called the action “groundbreaking.”
The governor’s endorsement, following unanimous support by the state House and Senate, [...]