Frontier Insurance Group has entered into a definitive agreement to sell Regency Insurance Company to Tomoka Re Holdings Inc., an affiliate of Tower Hill Insurance Group. Located in Charlotte, N.C., Regency underwrites specialty personal lines and markets non-standard auto and homeowners. The sale of Regency is subject to regulatory approval. Harry W. Rhulen, Frontier’s president and CEO said the sale is part of the company’s “Corrective Action Plan.”
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case 
Hurricane Melissa Churns Toward Jamaica as Category 5 Storm 
Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24 
Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations From This Issue
