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Accelerant Acquires Commonwealth Insurance Company of America and Announces Introduction of InSightFull™© Platform in U.S. Market

Share this article Share this article LONDON and ATLANTA, March 8, 2021 /PRNewswire/ -- Accelerant Holdings ("Accelerant" or the "Company"), the parent company of an underwriting group that specializes in serving a carefully selected and managed network of member managing general agencies and program administrators ("Members"), today announced the acquisition of Commonwealth Insurance Company of America ("CICA") from Brit Group, a subsidiary of Fairfax Financial (TSX: FFH). CICA is a Delaware d...
United States District Of Columbia United Kingdom City Of Jeff Radke Kate Thompson

Insurance Journal's Most Noteworthy Topics of 2020: South Central Region

Insurance Journal’s Most Noteworthy Topics of 2020: South Central Region Hurricanes, Hurricanes and Tropical Storms It can’t come as any surprise that hurricanes and tropical storms topped the list of the most read subjects of interest in Insurance Journal’s South Central region. In a North Atlantic hurricane season for the record books there were 30 named storms, of which 12 made landfall in the U.S., five of them in Louisiana alone. While the total insurance price tag for the U.S. storm...
United States New Mexico City Of United Kingdom New Orleans South Carolina

Accelerant Announces Entry into U.S. Market and Expansion of AM Best Group A- (Excellent) Rating

Accelerant Announces Entry into U.S. Market and Expansion of AM Best Group A- (Excellent) Rating Accelerant Announces Entry into U.S. Market and Expansion of AM Best Group A- (Excellent) Rating LONDON and ATLANTA, Dec. 21, 2020 /PRNewswire/ — Accelerant Holdings (“Accelerant” or the “Company”), an underwriting group that specializes in serving a carefully selected and managed network of member managing general agencies (“MGAs”), today announced its expansion into the U.S. market...
United States United Kingdom City Of John Willemsen Hugh Burgess Joele Frank

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Embark General takes over policies of defunct ACCC insurance company

Press release content from PR Newswire. The AP news staff was not involved in its creation. Embark General takes over policies of defunct ACCC insurance company December 15, 2020 GMT SANDY SPRINGS, Ga., Dec. 15, 2020 /PRNewswire/ -- Embark General, through its wholly owned subsidiary Nations General Insurance Agency LLC, has agreed to the assumption of the Texas and Alabama auto insurance business of Houston based ACCC insurance company. The assumption of the business will be effective December...
United States South Carolina Orange County New Mexico Sandy Springs Marc Murphy Jr
Source: apnews.com

Georgia Nonstandard Auto Insurer to Assume Business of Troubled Texas Carrier, ACCC

Georgia Nonstandard Auto Insurer to Assume Business of Troubled Texas Carrier, ACCC December 15, 2020 A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer. Embark General, headquartered in Atlanta, said it is assuming the Alabama and Texas nonstandard auto business of Houston-based ACCC Insurance Co., which was placed into re...
United States South Carolina Orange County New Mexico Sandy Springs Craiga Koenig

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