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.
Was this article valuable?
Here are more articles you may enjoy.
Full Senate Passes Measure to Reauthorize Federal Terrorism Insurance Backstop 
Independent Agencies Total About 37,000 in 2026, a Decrease From 2024 
NY Governor Urges Review of Cornell Response to Assault Case 
Another Crane, Then Another, Collapses Onto Home in Fort Lauderdale 
