Tower Group regulation News

Tower Group Reports SEC Has Launched Probe

Tower Group International Ltd., which is in the process of being acquired by ACP Re Ltd., reported that it had received a letter, dated Aug. 28, 2014, from the Securities and Exchange Commission (SEC) stating that the SEC is conducting …

Tower Hires Debt Adviser In Response to Mass. Regulator’s Demand for Plan

Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd. amid a stock plunge, hired Greenhill & Co. to provide advice on repaying debt if the takeover collapses. Tower hired the bank as the Massachusetts …