National Lloyds Corp. News

Hilltop Holdings Completes Sale of National Lloyds to Align Financial

Dallas-based Hilltop Holdings Inc. and Align Financial Holdings LLC (Align) announced the completion of the sale of Hilltop’s wholly owned Texas-based subsidiary, National Lloyds Corp. (National Lloyds), to Align on June 30. The transaction, which was first announced in January …

Credit Ratings of National Lloyds, American Summit Insurance Under Review

AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Texas-based National Lloyds Insurance Co. (National Lloyds). Concurrently, AM Best has placed under …

Hilltop Holdings Selling Texas’ National Lloyds Corp. to Align Financial

Dallas-based Hilltop Holdings Inc. and Align Financial Holdings LLC have entered into a definitive agreement for the sale of Hilltop subsidiary, National Lloyds Corp. (National Lloyds), to Align in an all-cash transaction valued at approximately $150 million, subject to post-closing …

Ratings of Texas-Based National Lloyds, American Summit Affirmed

A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of “a” of Texas-based National Lloyds Insurance Co. (National Lloyds), and its affiliate, American Summit Insurance Co. (American Summit). The outlook for …

Otis Appointed CEO of Texas-Based National Lloyds Corp.

Waco, Texas-based National Lloyds Corp., an insurance holding company and wholly owned subsidiary of Hilltop Holdings Inc., hired industry veteran Robert Otis as chief executive officer effective April 1, 2014. Otis joins National Lloyds Corp. from Allstate Insurance where he …

Texas-Based NLASCO Re-Brands as National Lloyds Corp,

Waco, Texas-based NLASCO, a wholly owned subsidiary of Hilltop Holdings Inc., announced that the company has changed its name to National Lloyds Corp. This change is part of National Lloyds Corp.’s overall re-branding efforts that include redesigned logos for the …