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.
GEICO Avoids Class Action Over Totaled Vehicle Payouts in New Jersey 
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In 
UnitedHealth Sells Interest in Florida WellMed Clinics to TPG 
OpenAI Top Scientist Urges ‘Extreme Caution’ With Pace of AI From This Issue
