NBIC Holdings Inc. News

Heritage Insurance Holdings Inc., a Clearwater, Fla.-headquartered property/casualty insurance holding company, has secured regulatory approval from the Rhode Island Department of Business Regulation to acquire NBIC Holdings Inc. NBIC Holdings is the parent company of Narragansett Bay Insurance Co. (NBIC), …

Heritage Insurance Holdings Inc., a Clearwater, Fla.-headquartered property and casualty insurance holding company, has signed a definitive agreement to acquire NBIC Holdings Inc., the parent company of Narragansett Bay Insurance Company (NBIC). NBIC is a Rhode Island-headquartered specialty underwriter of …