Termites

With Termite Swarm Season Underway, New Terminix Survey Highlights Misconceptions about Termite Damage

Retrieved on: 
Thursday, May 20, 2021

View the full release here: https://www.businesswire.com/news/home/20210520005673/en/\nOf the more than 1,300 respondents surveyed in the Harris Poll, a surprising 65% of homeowners admitted they rarely think about termite damage when it comes to their own home.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210520005673/en/\nOf the more than 1,300 respondents surveyed in the Harris Poll, a surprising 65% of homeowners admitted they rarely think about termite damage when it comes to their own home.
  • Termite colonies can remain hidden behind walls and other structural elements for years before they are detected and the extent of damage becomes evident.
  • Any wood that simultaneously touches the soil and the home can provide termites with direct access to the structure.
  • To learn more about Terminix, visit Terminix.com , or LinkedIn.com/company/terminix .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210520005673/en/\n'

Homeowners Advised to Watch for Signs of Termites

Retrieved on: 
Wednesday, May 19, 2021

The damage and cost can be extensive, but it is highly preventable if homeowners stay vigilant and know what to do to prevent this costly damage.

Key Points: 
  • The damage and cost can be extensive, but it is highly preventable if homeowners stay vigilant and know what to do to prevent this costly damage.
  • "\nTelling signs of termites include:\nWings: One of the first signs of a termite problem is usually discarded wings around the area in your home such as windows and doors when termites swarm.\nSwarms:After their current colony has reached its capacity, termites will look for their next home.
  • "In fact, by the time a homeowner sees wood damage, the termites have most likely done a significant amount of property destruction.
  • The company ranked #20 on Pest Control Technology\'s Top 100 Pest Control Companies in 2020.

Pest Control Market by Pest Type (Insects, Rodents, Termites), Control Method (Chemical, Mechanical, Biological), Mode of Application (Sprays, Traps, Baits) - Global Forecast to 2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 5, 2021

The continuous and extensive use of chemical compounds to eliminate or reduce pest infestation has led to the development of resistance among pests to conventional pest control products.

Key Points: 
  • The continuous and extensive use of chemical compounds to eliminate or reduce pest infestation has led to the development of resistance among pests to conventional pest control products.
  • Coptotermes vastator are a species of termites that are prevalent in tropical regions; another species named Coptotermes spp.
  • (subterranean termite) is widely found in the Southeast Asian region.\nThe chemical methods segment accounted for the largest share in 2020.\nBased on the control method used by pest management professionals, chemical control methods are observed to hold the dominant share in the pest control market.
  • Chemical control is based on substances that are toxic or poisonous to pests.

Anomali, Netpoleon Partner to Deliver Threat Intelligence Solutions Across APJ Market

Retrieved on: 
Wednesday, March 24, 2021

The ANZ sector is experiencing remarkable economic growth and unprecedented levels of cyberattacks, said Paul Lim, Netpoleon A/NZ regional director.

Key Points: 
  • The ANZ sector is experiencing remarkable economic growth and unprecedented levels of cyberattacks, said Paul Lim, Netpoleon A/NZ regional director.
  • With Anomali, well be able to introduce our joint customers to solutions that will help them to avoid costly and disruptive security incidents.
  • Netpoleon is headquartered in Singapore and holds offices across Australia, Cambodia, India, Indonesia, Malaysia, Myanmar, Philippines, Thailand, Vietnam, and Japan.
  • In A/NZ Netpoleon has offices and team members in Sydney, Melbourne and Brisbane, and will expand to New Zealand in 2021.

Miami Holds Number One Spot on Orkin's Third Annual Top Termite Cities List

Retrieved on: 
Monday, March 22, 2021

"Most subterranean termites swarm in the spring and summer, while drywood termites typically swarm in the late summer and fall."

Key Points: 
  • "Most subterranean termites swarm in the spring and summer, while drywood termites typically swarm in the late summer and fall."
  • Termite infestations are a threat to all areas of the U.S., though pressures from subterranean termites may vary.
  • The Pacific Coast and coastal regions of the Southeast also face the additional threat of drywood termites .
  • Founded in 1901, Atlanta-based Orkin is an industry leader in essential pest control services and protection against termite damage, rodents and insects.

Five Termite Species All Homeowners Should Be Aware Of

Retrieved on: 
Thursday, March 4, 2021

Each year, termites cause more than $5 billion in property damage in the U.S., which is not typically covered by homeowners insurance.

Key Points: 
  • Each year, termites cause more than $5 billion in property damage in the U.S., which is not typically covered by homeowners insurance.
  • To an untrained eye, termite damage can easily go unnoticed, said Cindy Mannes, senior vice president of public affairs for the NPMA.
  • Dampwood termites infest wood with a high moisture content and are typically larger than other termite species.
  • Conehead termites are an invasive species and can remain undetected for years as they refrain from building nests until their colony is strong and healthy.

Terminix Announces Mobile Bay Formosan Termite Settlement with Alabama Attorney General

Retrieved on: 
Thursday, November 5, 2020

Terminix Global Holdings, Inc. (NYSE: TMX), a leading provider of residential and commercial pest control, today announced that it has reached a settlement with the Alabama Attorney General regarding its Mobile Bay Formosan termite business practices.

Key Points: 
  • Terminix Global Holdings, Inc. (NYSE: TMX), a leading provider of residential and commercial pest control, today announced that it has reached a settlement with the Alabama Attorney General regarding its Mobile Bay Formosan termite business practices.
  • Under Alabama law, this settlement is expected to mitigate future punitive damage awards from legacy termite damage by Mobile Bay area consumers, reducing the Companys potential exposure to termite damage claims filed after the date of the settlement.
  • Leveraging these improvements, we are better positioned to serve our Mobile Bay customers for years to come.
  • As indicated above, under Alabama law, this settlement is expected to mitigate the risk of punitive awards related to Terminixs historical termite operations in the Mobile Bay area, reducing the Companys potential exposure to termite damage claims.

Shareholder Alert: Robbins LLP Announces It Is Investigating ServiceMaster Global Holdings, Inc. (SERV) for Misleading Shareholders

Retrieved on: 
Thursday, June 11, 2020

Shareholder rights law firm Robbins LLP announces that it is investigating ServiceMaster Global Holdings, Inc. (NYSE: SERV) for alleged violations of the Securities Exchange Act of 1934 and whether the Company's officers and directors breached their fiduciary duties to shareholders.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that it is investigating ServiceMaster Global Holdings, Inc. (NYSE: SERV) for alleged violations of the Securities Exchange Act of 1934 and whether the Company's officers and directors breached their fiduciary duties to shareholders.
  • ServiceMaster provides residential and commercial termite and pest control, restoration, and cleaning services.
  • On October 22, 2019, ServiceMaster announced disappointing preliminary financial results for the third quarter 2019, having missed revenue and earnings estimates.
  • ServiceMaster attributed the disappointing results to "termite damage claims arising primarily from Formosan termite activity" and admitted that this had been a "known issue" since early 2018.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against ServiceMaster Global Holdings, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, June 3, 2020

Investors have until June 9, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 9, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On October 22, 2019, ServiceMaster announced disappointing preliminary financial results for the third quarter of 2019.
  • The press release attributed the disappointing results to termite damage claims arising primarily from Formosan termite activity, primarily in Mobile, Alabama.
  • The Company further stated that this had been a known issue, having taken mitigating measures starting in 2018.

Shareholder Alert: Robbins LLP Announces ServiceMaster Global Holdings, Inc. (SERV) Sued for Misleading Shareholders

Retrieved on: 
Tuesday, May 19, 2020

Shareholder rights law firm Robbins LLP announces that a purchaser of ServiceMaster Global Holdings, Inc. (NYSE: SERV) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 26, 2019 and November 4, 2019.

Key Points: 
  • Shareholder rights law firm Robbins LLP announces that a purchaser of ServiceMaster Global Holdings, Inc. (NYSE: SERV) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 26, 2019 and November 4, 2019.
  • ServiceMaster provides residential and commercial termite and pest control, restoration, and cleaning services.
  • However, on October 22, 2019, ServiceMaster announced disappointing preliminary financial results for the third quarter 2019, having missed revenue and earnings estimates.
  • ServiceMaster attributed the disappointing results to "termite damage claims arising primarily from Formosan termite activity" and admitted that this had been a "known issue" since early 2018.