RLI Corp. announced it has acquired Rockbridge Underwriting Agency, a Houston-based managing general agency specializing in medical malpractice insurance.
Led by founder and Chairman James R. Brooks, Rockbridge Underwriting Agency specializes in surplus lines medical malpractice insurance for individual physicians and physician groups with unique needs. Rockbridge offers coverage in all 50 states through a network of retail and wholesale brokers.
RLI estimates that Rockbridge will add approximately $20 million of premium per year to its business.
RLI, a specialty insurance company, offers a diversified portfolio of property and casualty coverages and surety bonds serving niche or underserved markets. RLI operates in all 50 states from office locations across the country.
Source: RLI Corp.
Was this article valuable?
Here are more articles you may enjoy.
US House Passes Bill to Extend Federal Terrorism Backstop Through 2034 
Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake 
