Accredited, the property/casualty program manager and subsidiary of R&Q Insurance Holdings Ltd., announced the completion of its acquisition by Onex Partners, the Toronto-based private equity company. The sale of the unit comes on the heels of R&Q’s decision on June …
R&Q Insurance Holdings Ltd. confirmed it filed on June 21 an application with the Bermuda Supreme Court to appoint provisional liquidators to oversee the liquidation and ultimately the winding up of the company. R&Q anticipated this process will result in …
Insurance regulators in the Southeast are notifying policyholders in their states of a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that is to be liquidated after being placed in receivership. Access Insurance Co. is primarily a provider of non-standard auto insurance licensed …
Texas insurance regulators placed into receivership and started the process of liquidating a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that the insurance department says is insolvent. Access Insurance Co. is primarily a provider of non-standard auto insurance and is licensed in …
The Commonwealth Court in Pennsylvania has approved petitions to liquidate Penn Treaty Network America Insurance Company and American Network Insurance Company, with policyholder claims set to be paid through the state guaranty association system subject to statutory limits and conditions. …
Regis Insurance Company, a Pennsylvania-domiciled insurance company, was recently issued an order of liquidation by the Commonwealth Court of Pennsylvania. Regis, a writer of small commercial business based in Paoli, Pennsylvania, was licensed in and domesticated in Pennsylvania in 1979. …
