Although the red-hot agency acquisitions market has slowed because of shriveling capital and a dwindling pool of candidates, smart buyers and sellers can still work a profitable deal if it's a
"While our net income was adversely impacted by the unanticipated crisis in the financial markets and the two hurricanes, we are pleased with our core operating results," said Robert S. Cubbin, presid
In the interesting business life of an insurance agent, one thing often leads to another. A family friend opens a wedding planning service and can't find coverages that suit this unique field, where exposures could range from a wayward delivery
If the soft market continues, it will have an impact on merger and acquisition activity among insurers, but ultimately, deals are made based on the specific needs of individual buyers and sellers,
The continuing soft market will have an impact on merger and acquisition activity among insurers, but ultimately, deals are made based on the specific needs of individual buyers and sellers, industry
"We are pleased to welcome Terry to the First Mercury team," Richard H. Smith, First Mercury chairman and chief executive officer, said in a statement. "His experience in the insurance industry and li
According to Hudson, Hooghuis, has been underwriting D&O business for Hudson and OdysseyRe affiliates for more that 10 years. In 2004, Hudson purchased 40 percent of Hooghuis to further align its
Southfield, Mich.-based Meadowbrook Insurance Group holding company and ProCentury Corp. said yesterday that stockholders of both insurers have approved ProCentury's $273 million acquisition by Meadow
The Southfield, Mich.-based insurer announced in late February an agreement with ProCentury Corp. to acquire the underwriter in a combination cash and stock transaction with a total worth of $273 mill
Earlier this month, specialty insurers Argo Group International Holdings Ltd. and Philadelphia Consolidated Holding Corp. separately announced deals to acquire program managers, with Argo tagging a