Commercial Lines
Utica National: Circling for Profitable Growth
Headquartered in New Hartford, N.Y., Utica National Insurance Group consists of 19 companies. Its products include auto, home and specialized markets such as graphic arts, educational, religious ...
Donegal Group: Appointments in Underserved Areas
Donegal Group's growth has been fueled by its acquisition of medium-sized "Main Street" carriers. Since 1995, it has completed six acquisitions or participated in other carriers' business through ...
Main Street America: Moving in Right Direction
The Main Street America Group is a mutual insurance holding company that writes business through nine P/C insurance carriers. Based in Jacksonville, Fla., MSA writes more than $1 billion in premium ...
NORCAL Mutual: Stronger Through Consolidation
Consolidation is a major consideration for NORCAL Mutual Insurance Co., "whether it's physicians joining larger groups, agents being acquired, or companies like ours taking advantage of M&A ...
Grinnell Mutual: Make a Plan, Give Ice Cream
When Larry Jansen took over as CEO five years ago, Grinnell Mutual was losing $50 million every year on its farm mutual book (which is a third of its business), its employees were unmotivated, and ...
PartnerRe Q4 Results Swing to Loss; P/C Combined Ratio Stays Below 90
PartnerRe Ltd. said it lost $191 million in the 2016 fourth quarter due, in part, to some one time costs such stemming from being acquired by Italian Investment firm EXOR and some business unit ...
Willis Towers Watson Aims to Buy French Aviation Brokerage
Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d'Assurances Aériennes G. ...
Cyber Attacks Spur $350M Reduction in Verizon’s Yahoo Acquisition Offer
Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the ...