ST. PAUL, Minn.--(BUSINESS WIRE)--April 12, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a five-year agreement with Craft-Bilt Manufacturing to provide a new consumer credit program that will enable customers to finance sunrooms and awnings. The new Betterliving program includes revolving credit and installment lending options, which will be available beginning April 15, 2006, through 47 Betterliving dealerships nationwide.
KANSAS CITY, Mo.--(BUSINESS WIRE)--April 6, 2006--Just as a 90-mile-an-hour wind can cause serious property damage, it can also threaten some vital relationships along the insurance value chain.
In a new white paper from GE Insurance Solutions, experts from the company's claims and legal departments argue that the insurer-reinsurer relationship needs special attention in the event of a natural catastrophe.
business unit
tags
NORWALK, Conn. & NEW YORK--(BUSINESS WIRE)--April 5, 2006--GE Commercial Finance and The Royal Bank of Scotland Group today announced that GE Capital Markets and RBS Securities are Joint Lead Arrangers providing financing for Resource Management Service, LLC (RMS) and its affiliates.
RMS and its affiliates will use the proceeds from the financing to facilitate its purchase of timberlands from International Paper Company in a number of regions, primarily in the South.
business unit
tags
NORWALK, CT--(BUSINESS WIRE)--April 3, 2006--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, announced today that it has opened a Palo Alto, Calif. office. Kjerstin Barley, Senior Vice President, will initially staff the office, reporting to John Kinnaman, Managing Director, GE Commercial Finance - Technology Lending. Additional team members will be added during the second quarter. The office is located at 400 Hamilton Avenue, Suite 220, Palo Alto, CA 94301.
business unit
tags
KANSAS CITY, Mo.--(BUSINESS WIRE)--March 29, 2006--The demands of today's global economy have put increased responsibilities on corporate risk managers to implement more sophisticated loss prevention policies and processes. That's the assessment of Luis F. Arango, a chemical technical specialist with GE Insurance Solutions' Global Asset Protection Services unit. By doing so, Arango said, companies will be better positioned to meet shareholder, regulatory and insurance provider expectations and requirements.
business unit
tags
NORWALK, Conn.--(BUSINESS WIRE)--March 29, 2006--GE Antares Capital today announced that it is lead arranger of a $61-million credit facility for the recapitalization of Universal Tax Systems (UTS), a leading developer of software systems used by tax professionals to complete and electronically file income tax returns. The Company's flagship proprietary tax software product, TaxWise, is used by customers nationwide to prepare federal and state tax returns for both businesses and individuals. UTS is a portfolio company owned by Primus Venture Partners.
business unit
tags
KANSAS CITY, Mo.--(BUSINESS WIRE)--March 28, 2006--Lessons learned in the insurance industry's decades-long struggle with asbestos claims may be inspiring significant changes in the way they evaluate and defend their policyholders in mass tort litigation.
In a new white paper from GE Insurance Solutions, claims expert Bill Brauer said in some notable instances insurers are changing their approach to claims involving injuries alleged to have been caused by workplace exposures to silica dusts and welding fumes.
business unit
tags
NEW YORK, STAMFORD, Conn. & LITTLE ROCK, Ark.--(BUSINESS WIRE)--March 20, 2006--GE Consumer Finance, Dillard's and American Express today announced the launch of the new Dillard's American Express Card. The Cards carry the Dillard's and American Express logos, and are accepted at Dillard's and the millions of merchants who accept American Express worldwide.
business unit
tags
ST. PAUL, Minn.--(BUSINESS WIRE)--March 15, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a new multi-year partnership with Polaris, to provide Polaris customers with installment financing for motorcycle, ATV, snowmobile and accessory purchases. The program, which aligns two leaders in the powersports industry, will launch nationwide on April 1 to the Polaris network of 1,500 independent dealers.