Homesite News

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Orchid Insurance, Homesite Launch Homeowners Insurer TRUE in Florida

Nov 16 2020 // Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have created TRUE, a reciprocal insurance company to protect...

Flashback: Key P/C Insurance Mergers and Acquisitions of 2013

Mar 24 2014 // Compared to some previous years, there were not a lot of mergers in the property/casualty carrier space in 2013 but there were some interesting ones. Major carrier transactions included specialty insurer Markel’s...

Business Moves

Sep 23 2013 // American Family, Homesite Group Madison, Wis.-based American Family Insurance reached agreement to acquire direct homeowners insurer Homesite Group Inc. for an anticipated $616 million. Homesite Group is a Boston-based...

American Family Insurance to Acquire Homesite Group for $616M

Sep 6 2013 // Madison, Wis.-based American Family Insurance announced that it reached agreement to acquire direct homeowners insurer Homesite Group Inc. for an anticipated $616 million. Homesite Group is a Boston-based direct writer of...

Chubb Executive McElwee Joins Homesite Insurance in Boston

Sep 12 2011 // Homesite Insurance Co., a Boston-based property insurer, appointed Chubb veteran Andrew McElwee Jr. as executive vice president and chief underwriting officer. In this position, he will be part of Homesite’s...

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