NBIC News

Narragansett Bay Hires McLaughlin as Connecticut Territory Manager

Narragansett Bay Insurance Company (NBIC) has hired Brendan McLaughlin as the company’s assistant vice president – Connecticut territory manager. In this position, McLaughlin will be responsible for developing and maintaining strong partnerships with NBIC’s agents and industry associations, driving profitable …

Catalina to Assume NationsBuilders’ Residential Liabilities, Claims Facility

NationsBuilders Insurance Co. will transfer its residential construction liabilities totaling $76,250,000 to Catalina Holdings (Bermuda) Ltd. under a novation agreement announced today. Also, as part of the transaction, Catalina, a consolidator in the non-life insurance/reinsurance run-off sector, will acquire the …