Hudson Insurance Group News

Hudson to Acquire Pennsylvania’s Allegheny Group and Its Surety Operations

Specialty insurer Hudson Insurance Group has agreed to acquire the Allegheny Group Inc. (AGI) and its subsidiaries from its private shareholders. Hudson, by acquiring Pennsylvania-based AGI, will own Allegheny Surety Co., a Pennsylvania insurance company, and Allegheny Surety Agency, the …

New Commercial Trucking Coverage from Hudson Targets Independent Contractors

Hudson Insurance Group has released commercial trucking coverage for independent contractors that is now offered through retail producers in select states. Coverage includes occupational accident, contingent liability, truck physical damage and workers’ compensation, as well as non-trucking liability. Hudson has …

Hudson Appoints Homewood, Honken to Manage Commercial Auto

Hudson Insurance Group has made two appointments in its commercial auto business. Chris Homewood has been named senior vice president and head of Hudson’s commercial auto unit, while Ron Honken has been appointed senior vice president, director of marketing and …

Hudson, Professionals’ Best Underwriters to Offer Architects & Engineers Program

Hudson Insurance Group has unveiled a new national architects & engineers professional liability insurance program that will be available exclusively through Professionals’ Best Underwriters. Beginning June 1, 2019, this product will be distributed by Professionals’ Best Underwriters’ limited network of …

Insurtech MGA Corvus Insurance Launches ‘Smart’ Cyber Coverage

Corvus Insurance, an insurtech managing general agent, has released a new cyber insurance offering for organizations with up to $1 billion in annual revenue. The new Smart Cyber Insurance product includes the features of a conventional cyber insurance policy along …

Hudson Taps Atlanta-Based Moreman to Establish Subcontractor Default Business

Hudson Insurance Group has added Wallace Moreman as senior vice president. In this new position, Moreman will establish a subcontractor default insurance (SDI) business for Hudson. Christopher Gallagher, president and CEO of Hudson, said Moreman is part of the original …

Hudson Insurance Launches Commercial Excess & Umbrella Unit, Taps Farrell to Lead

Hudson Insurance Group has launched its new commercial excess and umbrella business unit that will provide coverage on a non-admitted basis in all 50 states. Led by Thomas Farrell, the unit will operate on a limited brokerage basis that focuses …

Hudson Insurance Group Appoints Honken as Sr. VP, Commercial Auto

Hudson Insurance Group (Hudson) has appointed Ronald Honken to a newly created position as senior vice president of all commercial auto business. He will be based in Hudson’s Indianapolis office. Honken will direct the underwriting for the company’s auto-related business …

Hudson Insurance Acquires Euclid Managers of Kansas City

Hudson Insurance Co. (Hudson) has acquired Euclid Managers LLC of Kansas City, Mo. (Euclid-KC) from Euclid Insurance Services Inc. and Euclid-KC’s management. Euclid-KC is an underwriting and claims manager for internet, tech, media, manufacturers and miscellaneous professional liability risks. The …