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Risk Data Corp

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BUSINESS
July 23, 1996
HNC Software Inc. said it has agreed to acquire privately held Risk Data Corp. for $61 million in stock. Irvine-based Risk Data, founded in 1987, makes software for risk management and to manage workers' compensation claims. The company's customers include Cigna-Intracorp and Cal Comp. San Diego-based HNC Software makes software used in electronic payments, financial services, direct marketing and market research.
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BUSINESS
July 14, 1997 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Insurance companies routinely gamble on the future, particularly when they decide how much money they need to cover expected claims. It's an expensive and potentially dangerous betting game, as those who underestimate can face serious penalties from the state. Risk Data Corp. in Irvine provides a computerized edge for firms seeking more accuracy in their guesswork. Risk's system, called MIRA, tracks filing trends within an insurance company and estimates how much each new complaint will cost.
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BUSINESS
July 14, 1997 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Insurance companies routinely gamble on the future, particularly when they decide how much money they need to cover expected claims. It's an expensive and potentially dangerous betting game, as those who underestimate can face serious penalties from the state. Risk Data Corp. in Irvine provides a computerized edge for firms seeking more accuracy in their guesswork. Risk's system, called MIRA, tracks filing trends within an insurance company and estimates how much each new complaint will cost.
BUSINESS
July 23, 1996
HNC Software Inc. said it has agreed to acquire privately held Risk Data Corp. for $61 million in stock. Irvine-based Risk Data, founded in 1987, makes software for risk management and to manage workers' compensation claims. The company's customers include Cigna-Intracorp and Cal Comp. San Diego-based HNC Software makes software used in electronic payments, financial services, direct marketing and market research.
BUSINESS
September 4, 1996
HNC Software Inc. of San Diego said it has completed its acquisition of privately held Risk Data Corp., an Irvine-based insurance information technology services firm, for about $61 million in stock. Under the purchase agreement, HNC Software said, it will issue about 1.8 million common shares and 248,525 stock options to holders of Risk Data shares and options.
BUSINESS
July 26, 2000
Tony Occhino has joined Richmond American Homes as director of land development for projects in Orange, San Diego, Riverside and San Bernardino counties. Occhino had been construction manager at SunCal Companies. * Steve Johnson has been named chief executive of SignOnline Inc. in Irvine. He was most recently chief executive of Unico Pacific Telecommunications Group.
BUSINESS
February 1, 1991
Two Venture Plaza, a recent addition to the Irvine Spectrum, is a development of Bedford Properties. The five-story building contains more than 87,000 square feet of office space. Grubb & Ellis Commercial Real Estate Services, which relocated its South Orange County office from Laguna Hills, is currently the major tenant. FACTS AND FIGURES Address 2 Venture, Irvine Developer Bedford Properties Inc. Architect Robert A.M.
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