Waco, Texas-based Insurors Indemnity has signed a definitive agreement to purchase insurance carrier Colonial Lloyds, headquartered in Fort Worth, pending regulatory approval.
Colonial Lloyds has been serving the Texas homeowners insurance market since 1981.
Insurors Indemnity said it is positioned to build on Colonial Lloyds range of residential policy forms and endorsements offering a competitive market for moderate value residential properties and older structures.
Insurors Indemnity, a regional insurance carrier, markets its property/casualty and surety products in Arkansas, Arizona, New Mexico, Nevada, Louisiana, Oklahoma, Texas and Utah through independent agents. It also offers premium finance through its subsidiary Roadrunner Premium Finance Company.
Topics Mergers & Acquisitions Carriers
Was this article valuable?
Here are more articles you may enjoy.
High-Powered Dads Are Spending Less Time at Work, More on Childcare 
Uber and FedEx Get Green Light for Racketeering Suit Against Lawyers, Doctors 
South Florida Police Officers Sue Actors, Say Details in ‘The Rip’ Are Too Real 
Florida, Louisiana Insurer Safepoint Reveals 97% Revenue Surge in IPO filing 
