Fairfax and Allied World Announce Sale of Vault Insurance

TORONTO and HAMILTON, Bermuda, Nov. 12, 2020 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) and Allied World Assurance Company Holdings, Ltd (“Allied World”) announce that they have, through their subsidiaries, entered into an agreement with Cornell Capital and Hudson Structured Capital Management Ltd., doing its reinsurance business as HSCM Bermuda, to sell their majority interests in Vault Insurance. Fairfax through Allied World will continue to own a 10% stake in Vault following the sale. Scott Carmilani intends to continue to have an ownership interest in Vault and play a leadership role in Vault. The transaction is subject to customary closing conditions, including various regulatory approvals, and is expected to close by the end of the first quarter of 2021.

Founded in 2017 and based in St. Petersburg, Florida, Vault is a combination of a policyholder-owned reciprocal insurance exchange and a surplus lines company focused on

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Owners announce sale of Whiteland Orchard

Forty-five years ago, nothing but farm fields and country roads surrounded the Whiteland Orchard.

Glenn and Becky Haveman purchased the property in 1975, and ever since, they’ve offered an agritourism experience with apples, pumpkins, cider and other products that countless people cherished.

But the area is shifting, with development around them accelerating. So, it is time for a change, the Havemans said.

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The Havemans Wednesday night announced on Facebook the sale of Whiteland Orchard, a staple in the small Johnson County community. They are ready for retirement, and as warehouses and other development pop up all around them, this seemed like the right time to do that.

“We’re ready for retirement (and) they were ready to buy, so we sold. It’s been a good life,” Becky Haveman said. “But we want to do the things we want to

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Cherre and Planned Grocery Announce Partnership to Integrate Planned Grocery Retail Data into Real Estate Data Platform

This partnership will enable mutual customers to easily connect grocery retail data across the U.S. with other important real estate datasets for analysis and strategic decision making

NEW YORK, Oct. 20, 2020 /PRNewswire/ — Cherre, the award winning real estate data management platform, today announced a new data partnership with Planned Grocery, the nation’s leading provider of grocery location data. This new partnership will enable mutual customers to incorporate grocery retail data with other key real estate datasets for research, planning, and investment decisions. Planned Grocery will also join Cherre’s growing partner network, providing turnkey access for customers of both companies.

(PRNewsfoto/Cherre)
(PRNewsfoto/Cherre)

With Planned Grocery’s data, investors can see where and when new grocery stores will be built. This future looking data makes property research and due diligence easier by providing grocery store locations which include the exact location, size, opening date, and data source. Studies have shown

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Trump health officials announce plan for free COVID vaccines in nursing homes

The Trump administration on Friday announced a partnership with two national pharmacy chains to distribute a potential coronavirus vaccine to residents of long term care facilities for free.

The partnership with CVS and Walgreens will allow health officials to prioritize a vaccine when one becomes available, so it can be administered to the most vulnerable populations.

There is no vaccine available yet. Pfizer, Moderna, Johnson & Johnson and AstraZeneca are each racing to develop one, but it will not be imminent.

Pfizer on Friday said it would not apply for an emergency authorization until the third week of November at the earliest, despite President TrumpDonald John TrumpFeds investigating if alleged Hunter Biden emails connected to foreign intelligence operation: report Six takeaways from Trump and Biden’s dueling town halls Biden draws sharp contrast with Trump in low-key town hall MORE‘s repeated pledges that a vaccine would be ready prior

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