Folksamerica Reinsurance Company has completed its acquisition of Mutual Service Casualty Insurance Company, a Minnesota-domiciled runoff insurer formerly affiliated with Illinois-based Country Insurance & Financial Services.
The announcement was made Friday by Folksamerica's parent company, Hamilton, Bermuda-based White Mountains Re Group, Ltd., the Bermuda-based reinsurance unit of White Mountains Insurance Group, Ltd.
Mutual Service was renamed Stockbridge Insurance Company.
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