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The Hartford Steam Boiler Inspection and Insurance Company (HSB) is a global specialty insurer and reinsurer headquartered in Hartford, Connecticut. It was founded in 1866 and is the largest provider of equipment breakdown insurance and related inspection services in North America serving over five million commercial locations. [citation needed]
Many commercial insurance claims are related to burglary and theft. 2. Fire. Small business owners tend to underestimate the likelihood of a fire.
AAON was founded in 1988 when Norman H. Asbjornson set out to create a commercial HVAC company that designed and manufactured semi-custom equipment that would excel in performance relative to the market. [2] Asbjornson purchased the heating and air-conditioning division of John Zink and created a new company called AAON. The name ensured the ...
DIC insurance is designed for business owners, especially large-scale business owners, who benefit from the increased coverage options of commercial property policies.
In June 1997, 12 companies were merged into the newly-formed Comfort Systems USA, which then became a public company via an initial public offering. [4] [5]In February 2002, after a decline in business after the September 11 attacks and facing $205 million in debt due the following year, the company sold 19 subsidiaries to Emcor for $164 million in cash and the assumption of $22 million of debt.
Through mergers and acquisition in the 1970s, 1980s, and 1990s, the McQuay product line grew to include more types of commercial HVAC and large capacity equipment, as air conditioning became viewed more as a requirement than a luxury in buildings of all types. In 1984 it was acquired by Snyder General in what was a hostile takeover. Much of the ...
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