Charles C. Caldwell, CEO of Oklahoma-based Caldwell and Partners Inc. (CAP), announced the acquisition of Midlands Holding Corp. (MHC) from PMA Capital Corp. (PMA). Midlands Management Corp. (Midlands), a subsidiary of MHC, is a managing general agent and excess and …
A.M. Best Co. has downgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit ratings (ICR) to “a+” from “aa-” of Old Republic Insurance, Bituminous Insurance Companies of Rock Island, Ill and their respective property/casualty …
PMA Companies, a Pennsylvania-based provider of commercial insurance risk management solutions and TPA claims and risk services, has opened an office in Schaumburg, Ill., and is offering property and casualty insurance and TPA services to employers throughout the state. The …
PMA Companies announced that Mario Spina has been appointed to serve as the branch vice president of the insurer’s Atlanta, Georgia office. He will be responsible for PMA’s Georgia and Alabama operations and managing the agency distribution system in those …
