Gateway News

Florida Agencies Acentria and Gateway Announce Intent to Merge

Two Florida independent insurance agencies — Acentria, Inc. and Gateway Insurance Agency, L.C. — announced they are merging. Gateway, which has serving Dade, Broward and West Palm Beach communities since 1952, is merging with Acentria, which has 10 Florida locations …

A.M. Best Downgrades Ratings of Missouri’s Gateway Insurance

A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb” from “bbb-” of Gateway Insurance Co.y (Gateway) of St. Louis, Mo. The outlook for both ratings is negative. The …

Ratings Recap: Gateway, State Mutual, Discovery, Southern Mutual

A.M. Best Co. has downgraded the financial strength rating to ‘B’ (Fair) from ‘B+’ (Good) and issuer credit rating to “bb” from “bbb-” of St. Louis-based Gateway Insurance Company, and has assigned a negative outlook to both ratings. The rating …

Missouri Farm Bureau to Take over 3 Insolvent Insurers

The state insurance department says the Missouri Farm Bureau will take over the operation of three small insurance companies that became insolvent after paying claims from the deadly Joplin tornado. The three insolvent companies are Barton Mutual Insurance Co., Gateway …

Bankers Insurance Acquires Gateway Insurance

Bankers Insurance LLC, headquartered in Richmond, Va., has acquired  Gateway Insurance Services, Inc., previously owned by Hampton Roads Bankshares Inc. Gateway Insurance Services Inc. has five offices in eastern North Carolina and one office in eastern Virginia. Consideration paid by …

Ratings: Doctors Co., Gateway, Kingstone, Farm Credit, Associated Mutual

A.M. Best Co. has commented that the financial strength rating of ‘A-’ (Excellent) and issuer credit ratings of “a-” of Doctors Company Insurance Group (TDC) and its members, led by The Doctors Company, an Interinsurance Exchange, based in Napa, Calif., …