The Hartford Financial Services Group has agreed to acquire specialty insurer The Navigators Group in a transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators stockholders will receive $70.00 per share in cash upon …
The Navigators Group Inc. reported net income was up 20.9 percent to $22.0 million for the third quarter compared to $18.2 million for the comparable period in 2015. Operating earnings were $21.1 million compared to $20.3 million in 2015. The …
Victor O. Schinnerer & Company, an underwriting manager, has expanded its Builders Risk program to now include coverage for commercial construction and commercial and residential remodeling. Brokers can now quote and issue a builder risk policy using Schinnerer’s online broker …
A Central New Jersey couple that ran a now-defunct insurance brokerage firm has been charged with allegedly conspiring to steal nearly $1.8 million by failing to remit insurance premiums to eight insurers. The 27-count state grand jury indictment was announced …
