Newsbriefs

ARGONAUT ACQUIRES FRONT ROYAL

In a move to expand its specialty insurance services, Argonaut Group Inc. signed a definitive agreement to acquire Morrisville, N.C.-based...

RELIANCE CHAIRMAN RESIGNS

Saul Steinberg resigned on May 1 as chairman of Reliance Group Holdings Inc. and its Philadelphia subsidiary, Reliance Insurance Co....

ACCEPTANCE TO SELL P/C BUSINESSES

Acceptance Insurance Companies Inc., an insurance holding company providing agricultural risk management products and services throughout the U.S., agreed to...

ESURANCE, CCCU PARTNER

Esurance Inc., a national quote-to claims Internet-based provider of personal automobile insurance, and California Coast Credit Union, one of San...

NEVADA TARGETS FRAUD

Nevada’s Senate Commerce and Labor Committee approved legislation designed to discourage insurance fraud rings. One of the goals of AB...

ALLSTATE BUYS REPAIR STORES

The Allstate Corp. announced its acquisition of Sterling Collision Centers Inc., which operates a network of 39 auto collision repair...

HAWAII GREENLIGHTS CAPTIVE

Hawaii Governor Benjamin Cayetan approved the recent incorporation and licensure of Heiwa Insurance Inc., the state’s first captive insurance company...

WELLS FARGO BUYS ACORDIA PARENT

Wells Fargo & Company announced the acquisition of ACO Brokerage Holding Corporation, parent company of Acordia Inc. Acordia and Wells...

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