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Out of Trust C.M. Meiers Brokerage in Southern California Fetches $1.375 Million at Auction Woodland Hills, Calif.-based C.M. Meiers Co. Inc. was auctioned on Friday at a U.S. bankruptcy court near Los Angeles, with three competing bidders pushing the sales price to $1.375 million for the troubled brokerage’s assets and assumption of its liabilities, … February 04, 2012 3:57 AM Virginia Court Grants Rehearing of Global Warming Claims Case The Virginia Supreme Court has recently granted rehearing of a closely followed legal case involving global warming, The AES Corp. vs. Steadfast Insurance Company. The court says its previous decision on the case has been “set aside.” On Jan. 17, … February 03, 2012 9:13 PM Judge Certifies Investor Class Action Against Goldman Sachs Goldman Sachs Group Inc. was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. U.S. District Judge Harold … February 03, 2012 8:09 PM Aon Expands U.S. Tenant Rent Default Offerings Aon has expanded availability to new states for its Aon Rent Protect product that reimburses landlords for lost income when tenants default on rent payments. The product was initially launched in California, Colorado, D.C., Ohio and Pennsylvania, and it is … February 03, 2012 7:52 PM Earnings Reports: Validus Holdings                                                 Q4 2011         Q4   2010           Gross premiums written -$278.28 mn    $258.7 mn Full year  -  2011         2010               $2.1247 bn    $1.99 bn Net premiums earned  — $488.35 mn      $432.8 mn   Full year – 2011           2010               $1.802 bn  $1.761 bn       … February 03, 2012 6:31 PM XL Enhances Real Estate Portfolio Protection XL Group’s insurance segment has launched enhanced pollution protection for real estate portfolios. The product will be available through the segment’s environmental team. The new product is aimed toward portfolio property owners and managers, developer and redevelopers, and real estate … February 03, 2012 5:53 PM Ohio Announces $11.6M in Insurance Savings, Recoveries in 2011 Insurance regulators saved or recovered $11.6 million for Ohioans in 2011, the Ohio Department of Insurance announced. The department said it received 5,336 consumer complaints, the majority of which dealt with the denial of insurance claims. Of the recoveries realized … February 03, 2012 5:45 PM TDECU Insurance Acquires 2 More Texas Independent Agencies TDECU Insurance Agency LLC announced it has acquired two independent insurance agencies: Assurance Insurance Agency Inc. (Assurance) based in Bellville, Texas, and Burridge Insurance Agency Inc. (Burridge) based in Angleton, Texas. These agency acquisitions are on the heels of TDECU … February 03, 2012 5:04 PM Utah Offers New Earthquake Hazard Maps for Salt Lake County Utah is selling new maps that show the shaking intensity of earthquakes for the west half of Salt Lake County. The set of 10 maps also spotlights the risks of landslides, rock falls, floods, radon gas and other hazards in … February 03, 2012 5:04 PM Federal Disaster Loans For More Reno Fire Victims The U.S. Small Business Administration is setting up shop in Reno again to help facilitate federal disaster loans for residents and businesses after Washoe County suffered its second big wildfire in two months. The low-interest loans became available Friday to … February 03, 2012 5:02 PM