Meadowbrook Insurance Group Inc. in Southfield, Michigan, has changed its name to AmeriTrust Group Inc. (AmeriTrust). AmeriTrust begins as an autonomous, vertically integrated risk management organization with strategic business units designed to withstand economic cycles. The company plans to increase …
The California Department of Insurance has approved Fosun International Ltd.’s acquisition of control of Meadowbrook Insurance Group Inc.’s subsidiaries commercially domiciled in of California. The subsidiaries include Star Insurance Co., ProCentury Insurance Co. and Williamsburg National Insurance Co. The closing …
Meadowbrook Insurance Group Inc., based in Southfield, Mich., appointed Roger S. Walleck, as chief underwriting officer. Walleck will oversee all underwriting activities for Meadowbrook and the company’s insurance subsidiaries, and will report directly to Meadowbrook President and Chief Executive Officer …
Meadowbrook Insurance Group Inc. announced the passing of Hugh W. Greenberg, a member of its board of directors since 1985. Greenberg served in various positions on the Southfield, Mich.-based insurer’s board, including chairman of the governance and nominating committee, and …
Meadowbrook Insurance Group Inc. and Swiss Re have mutually agreed to terminate a quota-share reinsurance agreement that was put in place late last year, Meadowbrook said Wednesday. The insurer said it has bolstered its financials and the reinsurance is no …
After A.M. Best downgraded the financial strength ratings of the insurance operations of Meadowbrook Insurance Group on Friday, the insurer announced on Monday that it has entered into an agreement with State National Insurance Co. to provide “A” rated policies …
Following a downgrade of its financial strength ratings (FSR) to “B++” from “A-” by A.M. Best Co. on Friday, Meadowbrook Insurance Group announced that it will seek to make arrangements with an A-rated insurance company to issue some policies. In …
David K. Page, a partner in the corporate department at Honigman Miller Schwartz and Cohn LLP, has been named non-executive chairman of the board of Michigan-based Meadowbrook Insurance Group Inc. a position formerly held by the company’s founder Merton J. …
On Mar. 1, A.M. Best said that the “A-minus” financial strength ratings of members of Meadowbrook Insurance Group Inc. remain under review with negative implications — a status that has been in place since Oct. 19, 2012 — in spite …
Meadowbrook Insurance Group Inc., headquartered in Southfield, Mich., reported that so far it has approximately $5.1 million of known claims resulting from Hurricane Sandy. The claims reported from Hurricane Sandy are primarily limited to marine and properties in the Northeast. …
