Westland Insurance Group has entered into an agreement to acquire Thunderbird Insurance Services, an independent insurance agency located in Port Alberni, BC. The trasanction is expected to close on March 31, 2010.
Travelers has launched a new mobile applications, Auto Accident Help for iPhone and Quick Connect for BlackBerry smartphones, to provide auto accident assistance for iPhone and BlackBerry smartphone users.
American International Group has planned to sell in a public offering the remaining 9,192,662 million shares of common stock of Transatlantic Holdings, owned by its subsidiary American Home Assurance Company (AHAC).
Law office of Brodsky & Smith said that it is investigating potential claims against the board of directors of Zenith National Insurance Corporation relating to the proposed acquisition by Fairfax Financial Holdings. Under the terms of the offer, Zenith shareholders would receive $38 for each share of Zenith stock they own.
Independence Holding Company (IHC) has acquired additional shares of common stock of American Independence Corporation (AMIC) through open-market transactions. The acquisition brings the company's aggregate holdings to over 50% of the total outstanding shares of AMIC.
Zurich said that it is working with Sonoma Risk Insurance Agency to offer attorneys’ fees insurance program in the US plaintiff contract litigation insurance (PCLI).
