Enact Holdings announced that Fitch Ratings upgraded the insurance financial strength rating for its flagship insurance subsidiary, Enact Mortgage Insurance Corporation, to A from A-. Fitch also upgraded Enact’s senior debt rating to BBB from BBB-. The outlook for both ratings is stable.
Rural Mutual Insurance Company and Badger Mutual Insurance Company, with a combined 227 years of providing farm, commercial and personal policies, have finalized their affiliation agreement based on regulatory approval from the Wisconsin Office of the Commissioner of Insurance as of Jan. 1.
The Hilb Group has acquired a Massachusetts-based property and casualty business. The acquisition took effect Jan. 1, adding to the company's growing property and casualty offerings in the New England region.
Trucordia has acquired the insurance business of Rusty Healy Insurance Agency, based in Madison, Miss.
Emirates Great Britain Sail Grand Prix Team announced Howden, the global insurance intermediary group, has become an official partner, taking Howden’s brand to new audiences around the world. This three-year, purpose-driven partnership combines two fast=growing British teams, both on a mission to push boundaries and build a better future.
Holmes Murphy expanded into a second location in the Des Moines, Iowa, metro area. The company officially signed a lease for space in the Arcadia building located at 7000 Vista Drive in West Des Moines.
DUAL Europe launched its accidentand health business in Europe, led by experienced underwriter Samia Baliad. A&H insurance provides protection and financial security to individuals and groups in the event of unexpected accidents and illnesses. The A&H market makes up a significant segment of the European insurance landscape, and the rising demand for healthcare services creates opportunities for insurers to expand their offerings and for brokers to grow their business.
SAN Group launched its new brand identity. This transformation reflects the organization’s continued growth and strengthens its connection with its national partner, SIAA.
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