|
Followups
An update on companies and trends
featured in recent issues
Virginia Business
October 2005 Richmond-based
Hilb, Rogal & Hobbs
Co. has agreed to pay a $250,000 fine and set up a
$30 million fund
for its U.S. clients to settle an investigation started
by Connecticut Attorney General Richard Blumenthal. The
attorney general had been investigating charges that
HRH's Hartford office made improper payments in placing
professional liability insurance. HRH was profiled in
the magazine's December
2004 issue.
Genworth
Financial has broadened its global reach by
tapping into the world's second largest mortgage market
in Japan. The company, which has its corporate headquarters
in Richmond, is the first residential mortgage guaranty
insurance provider in Japan, which has $1.8 trillion
outstanding mortgages and generated $240 billion worth
of originations in 2004. The insurance giant plans to
work with mortgage leaders in Japan, providing mortgage
insurance and other options to home buyers there. Its
Japan headquarters will be in Tokyo. Genworth was the
subject of a cover story in the September
2004 issue.
|
