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FTC Bans Noncompetes

Landmark FTC Ruling Bans Noncompete Clauses Nationwide to Boost Competition and Worker Freedom

The Federal Trade Commission (FTC) has made a groundbreaking move by issuing a final rule that bans noncompete agreements across the country. The decision intends to significantly increase competition, enhance worker mobility, and stimulate innovation and entrepreneurship. In January 2023, the FTC issued a proposed rule(the banning of non-competes) which was subject to a 90-day public comment period. The FTC received more than 26,000 comments on the proposed rule, with over 25,000 comments in support of the FTC’s proposed ban on non-competes. FTC has issued its Final Rule. Key details of the FTC’s Decision:

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First General CA Joins RIA as First Canadian Enterprise Member

The RIA is pleased to announce and formally welcome the association’s first Canadian Enterprise Member, First General Canada. Canadian Enterprise Membership is open to regional, national, or international companies who have multiple locations and who are engaged in providing services involving the restoration, mitigation, reconstruction, remediation, abatement, environmental, cleaning, or similar services in the property restoration industry. The financial support provided by RIA Canada Enterprise Members helps support the association’s advocacy work in Canada to protect the interests of restoration contractors and create and maintain equity between restorers, insurers, and their partners. First General

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BluSky Restoration Announces Leadership Changes

Kent Stemper stepping back in as CEO to continue company growth trajectory BluSky Restoration Contractors, LLC, a leading national property restoration company in the U.S., announced last week that Kent Stemper, current Vice Chairman of the Board, has rejoined the company as Chief Executive Officer. Stemper, who previously served as BluSky’s CEO for seven years from 2014 to 2021, will remain a member of the Board of Directors. Stemper said of the changes, “I am thrilled by the opportunity to re-join management as the industry remains as attractive as ever and as the company

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Alpine Investors Launches Guardian Restoration Partners Alongside Partnership with DryLux, Dry Kings and Midwest Restoration

New platform focuses on partnering with and building exceptional restoration service providers Alpine Investors (Alpine) today announced the launch of Guardian Restoration Partners (Guardian), a new platform focused on partnering with and building exceptional home restoration businesses. In conjunction with the launch, Guardian has partnered with DryLux Restoration (DryLux), Dry Kings and Midwest Restoration (Midwest), three leading damage restoration providers serving local communities in Arizona, the San Francisco Bay Area and Wisconsin, respectively.  Guardian partners with leading local restoration brands that help save and restore properties after emergency events, including water and fire damage, mold, lead,

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ATI Adds 4 Seasons Restoration to Portfolio of Companies

Expands Presence in New York City ATI Restoration, LLC (“ATI” or “Company”), America’s largest family-operated restoration contractor and a national leader in restoration, environmental remediation, and reconstruction services, announced today its merger with 4 Seasons Restoration, Inc. Financial terms of the transaction were not disclosed. Second-generation restorer Marc Fein spent three decades building 4 Seasons into one of New York City’s leading full-service restoration contractors. His team of 17 trained and certified professionals serve residential and commercial customers throughout New York City’s five boroughs as well as Nassau, Suffolk, and Westchester counties. Marc is

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EPA Bans Last Asbestos Type in U.S.

This week, the EPA announced its plans to ban the last form of asbestos used in the United States–chrysotile asbestos. This type of asbestos is commonly used in car parts such as brakes and linings and in the production of chlorine. The EPA’s response comes after decades of concern over the health effects of asbestos, including links to certain forms of cancer. Read more here.   Want to learn more about industry best practices when it comes to testing and handling asbestos? Read this article from C&R:

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CORE Group Hires Tom Gissler as Chief Revenue Officer

Property Restoration Industry’s Most Exclusive Contractor Network Hires Industry’s Finest CORE Group is proud to announce the hiring of Tom Gissler as Chief Revenue Officer.  With over 20 years in the property restoration industry where he has served on the corporate and franchisee levels of Servpro, Belfor, PuroClean, and most recently as President of Restoration 1. Gissler is a skilled strategist, communicator, and disruptor with a proven track record of leading teams and organizations to unprecedented success. “We are delighted to announce the appointment of Tom Gissler as our new Chief Revenue Officer for

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ATI Adds Professional Restoration to its Portfolio of Companies

Expands Presence in Colorado ATI Restoration, LLC (“ATI” or “Company”), America’s largest family-operated restoration contractor and a national leader in restoration, environmental remediation, and reconstruction services, announced today its merger with Professional Restoration. Financial terms of the transaction were not disclosed. Randy Benedict founded Professional Restoration in Denver, Colorado in 1992, building it into one of Colorado’s most respected restoration contractors. Their 60 trained and certified restoration professionals specialize in water and fire damage. They have been helping Colorado businesses and homeowners restore and rebuild for over three decades. They are proud of the

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CoreLogic and Artigem Align to Launch Contents Estimation Capabilities for Seamless Insurance Claims Management

Housed within CoreLogic Claims | Workspace Platform to Improve Insurance Claims Process  CoreLogic®, a leader in global property information, analytics and data-enabled solutions, is working with Artigem on the launch of new contents estimation capabilities within the CoreLogic® Claims | Workspace™ platform, delivering a seamless contents estimation experience that benefits insurance claims adjusters and estimators. With these new capabilities, insurance claims professionals can access all tools needed to provide homeowners with accurate estimates in a timely manner following a property loss – streamlining the previously disjointed and time- consuming process.  “Claims professionals are under

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DocuSketch Announces a Significant Growth Investment from Summit Partners to Fuel Growth of Innovative Solutions for the Property Restoration Industry

DocuSketch, a leading provider of process optimization solutions for the North American property restoration industry, proudly announces a minority growth investment from Summit Partners. The new capital will help DocuSketch support customers and partners, and accelerate R&D investments including integrating advanced AI applications into its product portfolio. DocuSketch management will retain majority ownership in the business. Launched in 2019, DocuSketch offers a comprehensive, all-in-one solution purpose-built for the property restoration industry, featuring 360° documentation, automated scoping, sketching solutions, and estimating services. Today, the company’s solutions are used by over 20,000 restoration professionals and insurance

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