Mississauga, Ontario-based disaster restoration services provider FirstOnSite Restoration G.P. Inc. said it has reached a definitive asset purchase agreement with Fort Worth, Texas-based Interstate Restoration LLC, subject to court approval, under which Interstate Restoration will acquire FirstOnSite. The terms of the agreement were not disclosed.
The Washington, D.C.-based Certified Automotive Parts Association said it is making its standards available to the China Automobile Maintenance Industry Association.
San Diego, Calif.-based claims management software company Mitchell International said it has added Tampa, Fla.-based ForeSight Medical's Fusion audit and adjudication platform to its SmartAdvisor bill review software.
Valhalla, N.Y.-based insurance brokerage and consulting company USI Insurance Services said it has recognized 529 Summit Award winners the company's top performing employees located in more than 140 locations across the United States. The company said at its fifth-annual Summit Awards celebration on April 15 that this was the first time the company honored 25 five-time Summit winners.
The Alexandria Va.-based Independent Insurance Agents & Brokers of America said it has awarded Bill Wilson, CPCU, ARM, AIM, AAM, with its Jeff Yates Lifetime Achievement Award, the highest honor the association bestows on a non-agent, for a lifetime of work in the independent agency system. Wilson is IIABA's associate vice president of education and research, and director of its Virtual University director. Based in Gallatin, Tenn., Wilson joined IIABA in 1999.
IIABA also said it has awarded Tom Minkler, CIC, with its Woodworth Memorial Award, the highest honor the association bestows on one of its members. Minkler is president of the Clark-Mortenson Agency in Keene, N.H., and former IIABA chairman. The Woodworth Memorial Award recognizes the contributions of an independent agent or broker to the national association, to his or her IIABA colleagues and to the insurance industry.
New York City-based property and casualty insurancer Ironshore Inc. said it has reached an agreement to acquire the remaining 80% equity interest in Mount Juliet, Tenn.-based Lexon Surety Group LLC, and its surety-related affiliates. Terms were not dislcosed but Ironshore said it will use cash on hand to fund the purchase in an all-cash transaction expected to close in 2016, subject to regulatory approvals and other customary conditions.
East Windsor, Conn.-based Insuritas said it will begin offering insurance policies through Bristol, Pa.-based Inspire Federal Credit Union.
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