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Q1-2008 National Property Update Now Available
The National Property Practice of HRH is proud to present the First Quarter 2008 edition
of our quarterly newsletter, “The Property Market Today.” The purpose
of this newsletter is to keep you informed of the trends we see and
observe in the market. This month’s edition features a report on the
state of the Property Market following the 1/1/08 reinsurance treaty
renewals, the passage of the TRIA extension act and the general
softening trend in the property marketplace. We are also featuring our
first guest contributors. George Stratts of Lexington Insurance Company
participates in a Q&A session regarding the 2008 market forecast
and Curtis Massey of Massey Enterprises gives us his analysis of some
of the myths and facts about disaster planning in high-rise office
buildings. As always, we are presenting sidebars with a number of
newsworthy developments, including a look at the 2008 Hurricane
forecast and an interesting look at the effect of the climate crisis on
the insurance industry. We hope you will continue to find these updates
useful.
Two New Recruiting Brochures Available to All HRH Offices
HRH's
Corporate Human Resources Department has produced two new recruiting
brochures that are available for use by all HRH offices. One brochure
is directed at inexperienced sales people and is meant to be used for
college recruiting/job fairs. The other brochure is written for
individuals who are leaving the military and looking to enter or
re-enter the civilian work force. The back of each brochure is die-cut,
so that it can be personalized with a business card.
You can find and review both brochures in the Marketing Materials
section of Infosource under Human Resources Marketing and order them
through http://hrh.epmonline.com/ for only the cost of shipping. Just search for the word "recruit" and you will have access to both brochures.
HRH's Newest Addition - Talty Insurance Agency
Effective
Friday, February 1, HRH has acquired Talty Insurance Agency, Inc.
(Talty), a Denver-based property & casualty and employee benefits
agency. With revenues of approximately $2.7 million, Talty specializes
in community associations, small business insurance and personal
insurance. The folks from Talty will join some of the employees from
HRH’s Denver location as well as associates from The Urman Company and
Brown/Raynor Corporation (two other recent Colorado acquisitions) in
HRH’s new Greenwood Village location upon its completion in April.
Please help to make our newest associates feel welcome!
Casualty and Risk Management Practice Holds First Seminar in Risk Management Education Forum Series
The
Casualty and Risk Management Practice is developing an educational
series and will be presenting topics throughout the year on key issues
impacting prospect acquisition, client retention and service, and
client risk management issues and concerns. The first of their webinars
entitled "The IRS and Proposed Administrative Changes to Domestic
Single Parent Captive Insurance Companies" was held yesterday.
Presenters included Tom Heim, Jennifer Rutecky, and Gary Griswold (of
Smith Bell & Thompson). Topics included: captive insurance
companies, the proposed IRS regulations that will significantly
challenge the operation of single parent captives, owner options to
mitigate the issues associated with the proposed regulations and a
discussion on what the various U.S. domiciles are doing to work out an
equitable solution with the IRS. Please click here to view the presentation.
If you have an idea for a future webinar, please contact Tom Heim at 804-935-3728 or tom.heim@hrh.com.
2008 Real Estate Newsletter Available on HRH.com and InfoSource
The January 2008 Real Estate Newsletter
has been issued by the National Real Estate Practice! Features in this
issue include: the key provisions associated with the recent
reauthorization and extension of TRIA by Congress, and a discussion of
current and future insurance market trends by members of several HRH
National Practice disciplines. Also included are articles focusing on
important real estate-related legal, insurance and risk management
issues. Please feel free to pass this along to anyone who might benefit
from this information!
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