Florida non-standard auto insurance News

HGGC, a middle market private equity firm, said it has completed a majority investment in Pearl Holding Group, a managing general agent (MGA) focused on the non-standard auto insurance market in Florida. As part of the transaction, Pearl’s owners, Jared …

A.M. Best Co. has withdrawn the financial strength rating of C++ (Marginal) and issuer credit rating of “b” of Apollo Casualty Co. of Florida, headquartered in Des Plaines, Ill., due to its business being transferred to Omni Insurance Co. Omni, …