Surplus

Deloitte ranks Sentry No. 14 among Wisconsin's most successful private companies

Retrieved on: 
Tuesday, October 17, 2023

STEVENS POINT, Wis., Oct. 17, 2023 /PRNewswire/ -- Sentry announced today that it ranks No. 14 on Deloitte's Wisconsin 75, a ranking of the 75 largest private companies in Wisconsin, based on sales revenue.

Key Points: 
  • 14 on Deloitte's Wisconsin 75 , a ranking of the 75 largest private companies in Wisconsin, based on sales revenue.
  • Success attributed to technology innovation, market expansion, and talent investment
    Pete McPartland, Sentry Chairman and CEO, credits market expansion, technology innovation, and talent investment for the company's accomplishment.
  • "Deloitte is proud to recognize the economic impact of these 75 private companies in Wisconsin—the Wisconsin 75.
  • This year we will not only celebrate the individual successes of each of these organizations, but also the collective impact of private companies in powering Wisconsin's economy."

Feeding Texas Network Backs Major Hunger-Fighting Wins During 2023 Legislative Session

Retrieved on: 
Thursday, June 22, 2023

Dallas, June 22, 2023 (GLOBE NEWSWIRE) -- With the support of the Feeding Texas network of food banks and anti-hunger champions across the state, the Texas Legislature passed several new laws that will prevent hunger for Texans experiencing food insecurity.

Key Points: 
  • Dallas, June 22, 2023 (GLOBE NEWSWIRE) -- With the support of the Feeding Texas network of food banks and anti-hunger champions across the state, the Texas Legislature passed several new laws that will prevent hunger for Texans experiencing food insecurity.
  • “This year’s legislative session was our most successful since Texas food banks came together as a network over 20 years ago to engage state lawmakers in the fight against hunger,” said Celia Cole, CEO of Feeding Texas.
  • From small, rural communities to major metropolitan areas, these new laws will help feed Texas families and support food banks across the state.
  • Feeding Texas leads a unified effort for a hunger-free Texas.

Amsterdam based Hilco Industrial Acquisitions announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD

Retrieved on: 
Tuesday, May 16, 2023

NORTHBROOK, Ill., May 16, 2023 /PRNewswire/ -- Amsterdam based Hilco Industrial Acquisitions , an operating company of US based Hilco Global , announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD, located in Subic Bay, Philippines, following its strategic acquisition.

Key Points: 
  • NORTHBROOK, Ill., May 16, 2023 /PRNewswire/ -- Amsterdam based Hilco Industrial Acquisitions , an operating company of US based Hilco Global , announced today the Sale of Surplus Equipment of the formerly owned HANJIN PHILIPPINES SHIPYARD, located in Subic Bay, Philippines, following its strategic acquisition.
  • Consistently with the new business direction of revitalizing the operations of the renowned Shipyard into a Multi-Purpose Facility, Surplus Assets are now up for Sale on HilcoBid.com
    Hanjin Philippines Shipyard recognized among the 10th Largest Shipyards in the world.
  • With 300 Ha/740 Acres of area for the entire manufacturing unit and 35000 Staff employed during the height of the Shipyard.
  • Equipment in this sale are installed new from 2007 to 2009 at the shipyard.

Study Validates Benefits of Lightbridge Designed Fuel Rods for Weapons-Grade Plutonium Disposition

Retrieved on: 
Tuesday, February 7, 2023

RESTON, Va., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced that a recently published peer-reviewed technical paper on the disposition of weapons-grade plutonium revealed that a Lightbridge-designed fuel rod significantly outperforms traditional mixed-oxide (MOX) fuel in consuming plutonium in a computer simulation, making the Lightbridge designed rods well suited for consuming excess weapons-grade plutonium.

Key Points: 
  • RESTON, Va., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced that a recently published peer-reviewed technical paper on the disposition of weapons-grade plutonium revealed that a Lightbridge-designed fuel rod significantly outperforms traditional mixed-oxide (MOX) fuel in consuming plutonium in a computer simulation, making the Lightbridge designed rods well suited for consuming excess weapons-grade plutonium.
  • The paper can be accessed by visiting the following link:
    The simulation detailed in the paper demonstrated that the Lightbridge plutonium disposition fuel variant consumes approximately 5.5 times more plutonium per fuel rod than MOX fuel.
  • The high burnup of metallic fuel makes it particularly useful for consuming plutonium and reducing the material usefulness of the residual plutonium in the used fuel for weapons purposes.
  • The findings reported in this study were subject to rigorous review by top scholars, validating the plutonium disposition and proliferation resistance of this variant of Lightbridge Fuel rods.

Crum & Forster Promotes Nick Cook to Chief Risk Officer

Retrieved on: 
Wednesday, August 10, 2022

"Today's Crum & Forster is a first-class operation, and I am excited to work with our team to ensure we are well-positioned for the challenges tomorrow may bring," said Cook.

Key Points: 
  • "Today's Crum & Forster is a first-class operation, and I am excited to work with our team to ensure we are well-positioned for the challenges tomorrow may bring," said Cook.
  • In his most recent role as Chief Risk Officer for the Surplus & Specialty Division, Cook oversaw actuarial pricing for Surplus & Specialty Lines and led ceded reinsurance and catastrophe risk management.
  • Cook has been with Crum & Forster for seven years, serving in roles within underwriting and analytics.
  • Prior to joining Crum & Forster, Cook held positions in treaty underwriting and ceded reinsurance with the Odyssey Reinsurance Company.

New York Life Announces Exceptional 2021 Financial Results Underscored by Multiple Company Records

Retrieved on: 
Tuesday, March 15, 2022

New York Life Insurance Company ( www.newyorklife.com ), a Fortune 100 company founded in 1845, is the largest1 mutual life insurance company in the United States and one of the largest life insurers in the world.

Key Points: 
  • New York Life Insurance Company ( www.newyorklife.com ), a Fortune 100 company founded in 1845, is the largest1 mutual life insurance company in the United States and one of the largest life insurers in the world.
  • Headquartered in New York City, New York Lifes family of companies offers life insurance, retirement income, investments, and long-term care insurance.
  • New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies3.
  • Note: New York Life or the company, can refer either separately to the parent company, New York Life Insurance Company (NYLIC), or one of its subsidiaries, or collectively to all New York Life companies, which include NYLIC and its subsidiaries and affiliates, including New York Life Insurance and Annuity Corporation (NYLIAC), NYLIFE Insurance Company of Arizona (NYLAZ), Life Insurance Company of North America (LINA), and New York Life Group Insurance Company of NY (NYLGICNY).

Nautilus Named 5-Star Carrier and Earned 10 Prestigious Rankings in Insurance Business America’s Annual Review

Retrieved on: 
Friday, July 23, 2021

Nautilus Insurance Group, a Berkley Company, was once again named a 5-Star Carrier in Insurance Business America magazines 2021 review.

Key Points: 
  • Nautilus Insurance Group, a Berkley Company, was once again named a 5-Star Carrier in Insurance Business America magazines 2021 review.
  • I am delighted and humbled Nautilus earned 5-Star Carrier rankings by our agents in an impressive 10 categories, says Tom Joyce, President.
  • Nautilus Insurance Group ( www.nautilusinsgroup.com ) is a leading U.S. Commercial Excess and Surplus and Specialty Lines provider of insurance solutions to appointed Managing General Agents.
  • Nautilus Insurance Group writes on behalf of Nautilus Insurance Company and Great Divide Insurance Company and is a proud member of W. R. Berkley Corporation, whose member insurance companies are rated A+ (Superior) by A.M. Best Company.

JanSport Launches Backpack Line Made with 100% Surplus Materials

Retrieved on: 
Monday, April 12, 2021

b'DENVER, April 12, 2021 /PRNewswire/ -- JanSport today introduced Surplus Ski n\' Hike, the brand\'s first backpack collection made with excess factory materials that may have otherwise ended up in landfills.

Key Points: 
  • b'DENVER, April 12, 2021 /PRNewswire/ -- JanSport today introduced Surplus Ski n\' Hike, the brand\'s first backpack collection made with excess factory materials that may have otherwise ended up in landfills.
  • The launch marks another milestone in the brand\'s mission to become a leader in sustainable backpack design and manufacturing.
  • Available in Vintage Pink, Red Tape and Forge Grey, the Surplus Ski n\' Hike collection revives an iconic JanSport style made entirely from excess material supplies, underlining JanSport\'s commitment to mindful usage of raw materials and manufacturing practices.
  • We challenged our designers to construct a backpack collection entirely from surplus fabrics and components from our factory, and we could not be more impressed with the result," says Roger Spatz, President at JanSport.

The State of Kansas Now Using GovDeals.com to Sell State Surplus

Retrieved on: 
Thursday, September 10, 2020

The State of Kansas has become one of more than 14,000 government entities that use GovDeals as their selling platform.

Key Points: 
  • The State of Kansas has become one of more than 14,000 government entities that use GovDeals as their selling platform.
  • Previously, items within the Kansas state government that were declared surplus were offered to the local public at a set price and sold at their surplus warehouse operated by the state.
  • Moving forward the State of Kansas will now be offering surplus items in an online auction sale to a much larger worldwide audience.
  • The State will periodically be uploading assets to the GovDeals website as they become available and are declared surplus.

AM Best Associate Directors to Speak at APCIA’s Surplus Lines Conference

Retrieved on: 
Friday, September 6, 2019

AM Best will participate in a discussion on the excess & surplus lines insurance segment at the American Property Casualty Insurance Associations (APCIA) Surplus Lines Conference, which will take place Sept. 17-18, 2019, in Chicago, IL.

Key Points: 
  • AM Best will participate in a discussion on the excess & surplus lines insurance segment at the American Property Casualty Insurance Associations (APCIA) Surplus Lines Conference, which will take place Sept. 17-18, 2019, in Chicago, IL.
  • David Blades, CPCU, and Robert Raber, AIAF, both associate directors, will address the conference on Sept. 18.
  • They are the co-authors of a recent Bests Market Segment Report on the surplus lines segment, titled, Surplus Lines Insurers Achieve Impressive Growth, Improve Operating Profitability.
  • Their presentation will include key themes from the report, including the segment's financial and operating performance, availability and coverage trends, and the competitive state of the surplus lines landscape.