Issue link: https://nebusinessmedia.uberflip.com/i/716601
www.HartfordBusiness.com August 22, 2016 • Hartford Business Journal 7 WHAT'S AHEAD: ■ 8/29 Focus: Meetings and Conventions ■ The List: Largest Hotels/Meetings and Banquet Facilities ■ Nonprofit Profile: Wadsworth Atheneum Museum of Art CALENDAR WEDNESDAY, SEPT. 14 Cybersecurity Seminar Series: Cyber Liability & Cyber Insurance The Connecticut Technology Council is hosting a cybersecurity seminar on cyber liability and insurance on Sept. 14. The seminar, which runs from 9 a.m. to 11:30 a.m. at the Hartford Club, 46 Prospect St., will discuss cybersecurity risks and what it means to have adequate coverage, and how to avoid costly, unnecessary, insufficient or redundant policies. Featured speakers include: Laurance A. Selnick, Senior Vice President, Director, Treasury & Payment Solutions Sales, Webster Bank; Larry Racioppo, Senior Vice President, Management and Professional Services, USI Insurance Services LLC; and Matthew Prevost Underwriter Vice President, North American Financial Lines, CHUBB. Cost to attend is between $24 and $40. For more information contact: Cindy Lang, 860.289.0878, ext. 344, clang@ct.org. REAL ESTATE Area's July house, condo sales down Sales of Hartford area houses and condos fell in July, yet me- dian house prices rose, Realtors say. Closings on single-family dwellings were down last month to 1,230 units vs. 1,296 closings the same month in 2015, the Greater Hartford Association of Realtors said last week. It was the first year- over-year slide in house sales since Jan. 2015, the group's chief said. The median sale price for July sales was $220,000 vs. $212,700 a year ago. In the region's condominium market, sales skidded 27.7 percent to 237 units sold vs. 328 in July 2015, Realtors said. Median condo sale prices were flat at $149,000 last month vs. $150,000 a year earlier. Windsor Marketing Group completes third expansion Windsor Marketing Group (WMG), a producer of in-store marketing for retailers, has com- pleted a 120,000-square-foot expansion of its headquarters in Suffield. The third such expansion is designed to help the company meet last-minute client demands on a tight schedule, said WMG founder Kevin Armata. The company headquarters, which opened in 2005, will consolidate its entire 185-person workforce into the single 250,000-square-foot campus, Armata said. The firm did not disclose the full cost of its "multi-million-dol- lar" project. Matthew Prevost Member FDIC Equal Housing Lender 866.959.BANK (2265) bankatunited.com Talk to one of our experienced bankers today, or visit bankatunited.com. *Subject to credit approval. Flexible banking solutions to help grow your business. At United Bank, our commitment to small business runs deep. So whether you're just starting out or looking to grow, we offer an entire suite of small business solutions, local decision-making and expert guidance designed to help keep your business running smoothly. SECURED LINE OF CREDIT* UP TO $ 300,000 UNSECURED LINE OF CREDIT* UP TO $ 50,000 ECONOMY & LABOR CT Southern Rail parent to acquire P&W Railroad Genesee & Wyoming Inc. (G&W), parent of Hartford-based Con- necticut Southern Railroad, said it has agreed to acquire Provi- dence and Worcester Railroad Co. (P&W) for approximately $126 million, or $25 a share. The transaction, which still needs P&W shareholder approval, could close in the fourth quarter. Headquartered in Worcester, Mass., P&W operates in Con- necticut, Rhode Island, Massachusetts and New York. The publicly traded company has 140 employees, 32 locomotives and 163 miles of track, plus an additional 350 miles of track it uses under agreements with other rail providers. P H O T O | C N N