Frontier Insurance Group has completed the sale of Regency Insurance Company to Tomoka Re Holdings, an affiliate of Tower Hill Insurance Group, for $7.1 million. The sale is part of the company’s Corrective Action Plan. The proceeds of the sale will be used for corporate purposes, including repayment of debt. Frontier is an insurance holding company that, through its subsidiaries, is a national underwriter and creator of specialty insurance products serving the needs of insureds in niche markets.
Topics Trends
Was this article valuable?
Here are more articles you may enjoy.
Greek Oil Tanker Exits Hormuz Shipping Strait With Signal Off 
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow 
Lloyd’s Market Engaging With US Government Over Gulf Maritime Plan, Officials Say 
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates From This Issue
