What’s New: In Brief (January 05, 2010)

Trillium Management Services Inc. has completed the acquisition of Geneva Insurance Company Inc.
Geneva is based in Indianapolis, and was formed in 1999 by its sole shareholder Ronald J. Glanzman.
Geneva provides personal auto insurance with a concentration on non-standard auto insurance. Its products provide insurance coverage for liability to others for bodily injury and property damage, and for physical damage to an insured’s vehicle from collision and various other perils.
It distributes its products through a network of independent agencies.
“We are very excited to have completed the acquisition of Geneva Insurance Company,” said Bill Star, president and CEO of Trillium. “The transaction represents an ideal purchase for Trillium’s niche business strategy of acquiring auto insurers with good underwriting results that write business in desirable geographic areas.”

The Co-Operators raised $609,625 for the United Way in 2009, marking a record for the company.
The combined total exceeds 2008’s donation to United Way by more than $16,000.
Fundraising campaigns led by staff at Co-Operators offices across Canada yielded $327,081, and corporate contributions topped $282,544, a release says.
Highlights of the 2009 initiatives included:
•    The sale of used BlackBerries through Facilities Management in Regina;
•    VIP Pictionary in Moncton; and
•    Head-shaving in Guelph.