Newsline

Lennox Int’l Forms Lake Park Insurance

January 25, 2002
/ Print / Reprints /
ShareMore
/ Text Size+
DALLAS, TX — In response to significant growth in recent years that has increased the size of its risk management operations, Lennox International, Inc., has formed Lake Park Insurance Ltd., a captive insurance company. According to the manufacturer, Lake Park will reinsure the risks of Lennox International and provide a cost-effective alternative to purchasing insurance from the conventional market.

Harry Ashenhurst has been appointed president of Lake Park Insurance. He will also continue to serve as chief administrative officer of Lennox International. John Garzonie has been appointed as vice president of the insurance company. He was formerly director, risk management for Lennox.

“Through the captive insurance program, we can better leverage our insurance program for greater flexibility and long-term profit,” said Ashenhurst.

Publication date: 01/28/2002

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

Recent Articles by James Siegel

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.

Podcasts

NEWSMakers: Joseph Groh

Joseph Groh, an industry veteran boasting 35 years of HVAC experience, discusses the 2008 bicycle accident that cut his career tragically short, and how the Joseph S. Groh Foundation is his way of giving back to the construction trade. Posted on Aug. 22.

More Podcasts

ACHRNEWS

NEWS 08-25-14 cover

2014 August 25

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Prohibiting HFCs

EPA is proposing a rule that would prohibit some HFCs in select refrigeration applications. Do you agree with this move?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con