The Plymouth Rock Co., parent company of auto and home insurance providers in the Northeast, announced that Andrew McElwee is its new president and chief operating officer, having taken over responsibility for the firm’s day-to-day operations from Hal Belodoff, following …
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 homeowners in coastal states. TRUE (Trusted Resource Underwriters Exchange) is domiciled in …
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 homeowners, renters and condominium insurance. The deal is expected …
