Element Risk Management has acquired Ross Insurance, a personal and commercial lines agency located in Lancaster, Pennsylvania. Terms of the transaction
Pennsylvania-based Element Risk Management has acquired two Pennsylvania insurance agencies and another in Virginia, The Pennsylvania agencies are W.S.
Henderson Insurance acquired by West Chester firm
Updated 1:38 PM;
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A West Chester-based risk management and insurance firm has acquired a company in the Harrisburg area.
Element Risk Management acquired Henderson Insurance at 3280 Walnut St. in Susquehanna Township. Henderson Insurance was founded by Jim Henderson in 1978. Henderson and his staff will continue to serve clients from the office on Walnut Street. The company has been at its present location since 1983. All four Henderson employees are staying on with Element Risk Management.
Henderson Insurance provides personal and commercial insurance products and specializes in working with optometrists and the company says that it provides professional liability and business insurance to hundreds of optometrists across Pennsylvania and Maryland.
behind it. it is appropriate for them to do that. but people i don t want people who had preferred shares from years ago when i was saying look, this is not a treasury remember bond do not consider this guaranteed. element risk here. i don t want somebody saying i can sue the federal government to get back my preferred shares. let me ask you a bigger question. just to nail this down before we wrap up here. do you think that they have outlived their usefulness in terms of the housing market? would you like to some day see us evolve past fannie and freddie? absolutely. the history is this. i thought until all the 2003, that they would be very useful. in 2004 president bush ordered them to buy many, many more mortgages for people borrowing dar at that point i joined mike oxley of sarbanes oxley fame of trying to reform them. that got bogged down. when i became chairman of the committee in 2007, i m proud of hang paulson and his book saying
says transcanada has admitted many of the allegations of regulatory noncompliance identified by the complainant were verified by transcanada s internal awed pit. the neb said the problems don t pose element risk to safety and transcanada wouldn t agree to an interview but in statement said it now hires these inspectors directly and believes any problems were caught through routine quality control processes before any pipes were turned on. evan vokes isn t convinced everything is being caught. but the consequence is so deadly high. like when it does come around it s bad. reporter: vokes says his growing concern led to angry outbursts in company meetings. he was put on stress leave and fired by transcanada earlier this year but not before contacting the national energy board with his concerns. diane sway, cnbc news, toronto.