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Content about Insurance

January 23, 2012

BERKLEY, Mich. — The Certified Restoration Drycleaning Network (CRDN), an international organization of textile restoration specialists serving the insurance industry, has named Robert Murray its national sales and operations manager.

Murray spent four years as select customer sales executive with The Hartford. His background includes advanced marketing and business development skills, as well as operational expertise.

“To this position, Rob brings diverse experience with finance and environmental services in addition to his strategically important insurance expertise,” says CRDN CEO Wayne Wudyka. “He also provides hands-on knowledge of franchise ownership and multi-location business management, which will be particularly relevant for the CRDN operations he will guide and direct.”

January 4, 2012

PEMBROKE, Mass. — Tax time is here again. Before I give you some tax tips, I want to tell you to pay your fair taxes. I know that not all of you do.

Having said that, you should take full advantage of legitimate deductions.

Some Available Deductions

Basically, profit determination is a process of starting with revenue and deducting all expenses and costs from all activity that went into creating that inflow stream. Any amount of expenditure is deductible if it helped you, in any way, shape or form, to run your business.

Don’t forget to include:

August 30, 2010

BERKLEY, Mich. — For the fourth year in a row, Inc. magazine named the Certified Restoration Drycleaning Network (CRDN) one of America’s 5,000 fastest-growing private companies. Founded in 2001, CRDN has reported double-digit revenue growth every year.

June 22, 2010

CHICAGO — The details of the recently passed healthcare-reform bills and their impact on businesses can be confusing. A recent webcast from accounting firm Grant Thornton LLP offered an analysis of the reforms and their impact.

Presenters discussed the potential tax implications to employers and individuals, including tax penalties and other revenue-generating provisions. The webcast also discussed changes to Medicare and Medicaid, and more.

February 17, 2010

Tax season is here, and what are you going to do about it? “Don’t bug me,” you say, “I’ve got a business to run, orders to get out, employees to motivate, customers to satisfy. My accountant handles everything.”

Okay, but remember, you’ll spend extra money on accounting when you should be watching every expense carefully. More importantly, you’ll miss a great opportunity to build a keen understanding of your business.

September 1, 2009

BERKLEY, Mich. — Inc. magazine has named the Certified Restoration Drycleaning Network (CRDN) to its list of the 5,000 fastest-growing private companies in the U.S. for the third year in a row.

CRDN specializes in restoring garments and other fabric items damaged by smoke, fire, water, mold or other contaminants. The company reported growth of 72.1%, which it claims is the result of the ongoing education of the insurance industry about the cost-effectiveness of restoring damaged textiles rather than replacing them.

June 29, 2009

DAYTONA BEACH, Fla. — Two Brown & Brown subsidiaries have completed the acquisition of substantially all of the assets of Irving Weber Associates Inc.

With annualized revenues of approximately $4 million, Irving Weber specializes in insurance programs, primarily for the fabricare industry — comprised of drycleaners, linen supply, uniform rental and commercial laundry operations. Irving Weber also offers programs for other industries and has retail insurance agency operations.

May 25, 2009

RONKONKOMA, N.Y. — Irving Weber Associates (IWA) announced it will pay its 58th consecutive dividend to active participants of the IWA/Great Central Fabricare Industry Workers’ Compensation Safety Group.

August 25, 2008

BERKLEY, Mich. — Inc. magazine has named the Certified Restoration Drycleaning Network (CRDN) one of the fastest-growing private companies in the United States for the second year in a row.

August 11, 2008

OVERLAND PARK, Kan. — National Dry Cleaners Inc., the largest group of affiliated drycleaners in the United States with 231 stores in nine states, has filed for Chapter 11 bankruptcy protection. Its assets will be liquidated.

August 15, 2007

WASHINGTON, D.C. — The National Federation of Independent Business (NFIB) is applauding the U.S. Senate for passing an amendment early this month that calls on Congress to enact legislation this year on health-insurance reform for small businesses and the self-employed. While non-binding, the “Sense of The Senate” amendment was passed unanimously.

May 2, 2007

WASHINGTON, D.C. — Increasing costs are forcing small-business owners to drop healthcare coverage and embrace healthcare reform, says a new survey from the National Small Business Association (NSBA), while difficulty accessing capital is slowing growth.

May 2, 2007

WASHINGTON, D.C. — Increasing costs are forcing small-business owners to drop healthcare coverage and embrace healthcare reform, says a new survey from the National Small Business Association (NSBA), while difficulty accessing capital is slowing growth.