Items Tagged with 'Service industries'


  • Jobless Claims Ease

    First time claims for state unemployment benefits dropped 34,000 to a seasonally-adjusted 601,000 in the week ending May 2, marking the lowest level recorded since late January, the U.S. Labor Department said today. "The evidence is growing that the recession may be bottoming out in the second quarter," wrote analysts at RDQ Economics in a research note. "Companies may have begun to slow the rate of layoffs, but there is no evidence here that the pace of hiring has picked up."
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  • Solidifi Secures Insurance Assurance

    Solidifi completed an additional equity investment with Altus Group Income Fund; the additional capital will be used to expand the independent appraiser's service offerings, including the development of replacement cost and risk analytics for property insurance companies.
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  • Real Estate and Credit Woes Take Toll on Title Insurers: Report

    In some ways, the title insurance business isn't really all that complex. Revenues depend primarily on just two inter-related factors: the level of house prices, and the demand for housing. And, of course, both are suffering in one of the worst housing corrections in U.S. history thus far -- lower prices and shrinking demand have helped push transaction volumes down dramatically for anyone in the business of underwriting title insurance policies.
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  • Loan Protector Acquisition Complete

    Hilb Rogal & Hobbs Company announced late yesterday that it has completed a previously-announced acquisition of Cleveland-based Loan Protector Insurance Services. Terms of the transaction were not disclosed. Loan Protector Insurance Services, a leading provider of customized insurance tracking programs and lender-placed insurance products to the mortgage industry, expects revenues of approximately $8 million for 2006.
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