Peachtree Casualty Insurance Co. News

Run-Off Venture SOBC Darag Completes First Acquisition of Florida Auto Insurer Peachtree

SOBC DARAG, the joint venture formed between SOBC, the US-based run-off specialist, and DARAG, the leading legacy acquirer, has completed of its first acquisition of Peachtree Casualty Insurance Co. of Florida. The acquisition of Peachtree was completed after receipt of …

Run-Off Venture Targets Florida Auto Insurer Peachtree Casualty for First Acquisition

International insurance and reinsurance company DARAG and U.S.-based acquisition specialist SOBC have formed a joint venture with SOBC DARAG in Delaware to support DARAG’s expansion into the U.S. and Bermuda/Caribbean run-off markets. SOBC DARAG’s first acquisition will be Peachtree Casualty …