QBE Insurance Group Ltd., of Australia, continued its buying spree in the U.S. Thursday by acquiring most of the insurance portfolio of Balboa Insurance Group from Bank of America.
Charlotte, N.C.-based Bank of America Corp. is acquiring the Balboa Insurance Group as part of the deal announced today to acquire Countrywide Financial Corp., Calabasas, Calif., in a $4 billion stock
Balboa Insurance and Meritplan Insurance, both owned by Balboa Insurance Group of Irvine, Calif., won't be renewing their books of business in Florida over the next year, according to company