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.
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July 
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks 
Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds From This Issue
