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.
Brookfield Targets Global Dominance in P/C Insurance Coverage 
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock 
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch 
Florida Jury Returns $779M Verdict for Family of Security Guard Killed at Gambling Cafe From This Issue
