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.
California Revokes 17,000 Commercial Driver’s Licenses for Immigrants 
Lawsuit Alleges Farm Bureau Financial Concealed Fraudulent Activities 
In Alabama, Shot Employee Gets No Workers’ Comp and No Employer’s Liability 
Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge 
