Yates Tustin, Calif.-based managing general agent Yates has opened a northern California office in Walnut Creek. Jon Uyeyama has joined the office, bringing with him 10 years of underwriting experience. Uyeyama will oversee the expansion of the office over the …
The Doctors Co., FPIC Medical liability insurer The Doctors Co. has completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider of health care liability insurance in Florida, Texas, Georgia and Arkansas. FPIC Insurance Group includes First Professionals …
LexisNexis Risk Solutions, Genstar Capital LexisNexis Risk Solutions is selling its P/C insurance software business to a San Francisco-based Genstar Capital. The division being sold provides policy administration software for the property/ casualty insurance industry. Based in Hartford, Conn., the …
Homeowners Choice, HomeWise Homeowners Choice Property and Casualty Insurance Co. said it has acquired HomeWise Insurance Co.’s book of business in Florida. Approved by state regulators, the deal adds 70,000 Florida homeowners to Homeowners Choice. Out of the assumed policies, …
UK-based insurer AmTrust Europe, Ltd., a FSA [Financial Services Authority] authorized insurance company, which already has had operations in Italy “under freedom of services (LPS) for a number of years,” announced that it “has been given the green light from …
Catlin Group Limited has announced the formation of a strategic partnership with China Reinsurance (Group) Corporation (China Re) that will result in the establishment of a special purpose syndicate at Lloyd’s of London, subject to Lloyd’s final approval. Catlin said …
Manulife Financial said it has received approval to establish operations in Cambodia, which will expand the Canadian insurer’s reach into an 11th Asian market. Manulife said in a statement it had “approval in principle” from Cambodia’s Ministry of Economy and …
Charlotte-based AmWINS Group, Inc. has confirmed that it intends to acquire THB Group plc of London. AmWINS said the directors of THB have unanimously agreed to recommend that its shareholders approve AmWINS’ cash offer price of 80.55 pence [$1.28] per …
The Boston-based Liberty Mutual Group announced it has successfully completed the planned acquisition of Quinn’s Irish insurance business, as well as the transfer of all existing Quinn Insurance employees to Liberty Mutual’s new Irish company, which “plans to trade under …
The ongoing battle between Validus Holdings and Transatlantic is heating up again, as Validus announced a series of moves aimed at convincing Transatlantic’s shareholders to accept its merger offer. On November 3, it amended its prior offer. On Nov. 4 …
