owned subsidiary

United America Indemnity Group Goes Live With Duck Creek Technologies’ Policy Administration Solution

July 14th, 2009

Duck Creek Technologies, Inc. a leading provider of software and service solutions for the insurance industry, today announced that United America Indemnity Group, Inc. (”United America”) has implemented Duck Creek’s Policy Administration solution for a number of its Commercial ISO lines products. The PA-based carrier went live within six months with a custom Vacant Property [...]


Universal Insurance Holdings, Inc. Named One of America’s Fastest-Growing Small Public Companies by Fortune Small Business Magazine

July 9th, 2009

Universal Insurance Holdings, Inc, a vertically integrated insurance holding company, announced that it has been named to the Fortune Small Business magazine 2009 ‘FSB 100′ list of ‘America’s fastest-growing small public companies.’ Universal Insurance Holdings ranked #2 on the list, which can be found at the following Web address: http://money.cnn.com/magazines/fsb/fsb100/2009/full_list
According to Fortune Small Business, the [...]


21st Century Holding Company’s Subsidiary Approved to Write Commercial Residential Property by Florida’s Office of Insurance Regulation

July 9th, 2009

Federated National Insurance Company (”Federated National”), a wholly-owned subsidiary of 21st Century Holding Company insurance holding company, today announced that it received approval from the Florida Office of Insurance Regulation (”OIR”) to write commercial residential property business in the state of FloridaMichael H. Braun, President of Federated National and Chief Executive Officer of 21st [...]


Ameriana Insurance Agency Completes the Purchase of Chapin-Hayworth Insurance Agency

July 9th, 2009

Ameriana Bancorp, parent company for Ameriana Bank, announced that Ameriana Insurance Agency, a bank subsidiary, has completed a previously announced purchase of the book of business of the Chapin-Hayworth Insurance Agency Inc. Chapin-Hayworth is a multi-line property and casualty insurance agency located in New Castle.
Chapin-Hayworth Insurance agents Ruth Hayworth and Gail Byers and customer service [...]


Synovis Life Technologies to Purchase Assets of Pegasus Biologics

July 8th, 2009

Synovis Life Technologies, Inc. has entered into a definitive purchase agreement through a wholly owned subsidiary to acquire substantially all the assets of Pegasus Biologics, Inc., a privately held medical device company based in Irvine, Calif., focused on the development of advanced biological solutions for soft tissue repair. The purchase price is $12.1 million in [...]


Mercantile Bancorp Subsidiaries Cited as Top Performers

June 16th, 2009

Mercantile Bancorp, Inc. announced two of its wholly owned subsidiary banks were ranked in the American Bankers Association Journal among the top 100 U.S. community banks in return on average equity (ROAE) in 2008. Brown County State Bank, headquartered in Mt. Sterling, Ill., was ranked 12th nationwide in ROAE among non-subchapter S community banks and [...]


Farmers Insurance Announces Building Expansion in Caledonia, Preparing for Continued Growth in Michigan

June 16th, 2009

Farmers Insurance Group of Companies announced that it will build two new buildings totaling 275,000 square feet on the existing grounds of Farmers Insurance office facilities located in Caledonia. This development is thanks in part to an attractive incentives package offered by the Michigan Economic Development Corporation (MEDC). The expansion will create a significant number [...]


Recovery Audit Contractor Connolly Healthcare Licenses Milliman Care Guidelines(R)

June 4th, 2009

Connolly Healthcare, a permanent Recovery Audit Contractor (RAC) for the Centers for Medicare & Medicaid Services (CMS), has signed a five-year license agreement with Milliman Care Guidelines.
Connolly will use the Care Guidelines content and software to review Medicare claims in 15 states — West Virginia, Virginia, North Carolina, South Carolina, Georgia, Florida, Alabama, Mississippi, [...]


Britannia Members Back Super-Mutual Merger With The Co-operative Financial Services

May 30th, 2009

Britannia members overwhelmingly endorse plans to merge with The Co-operative Financial Services (CFS) to create new super-mutual.
New business will be the most diversified customer-owned enterprise in
UK financial services, providing ethical alternative to banks
– Strong strategic and cultural fit between the [...]


Transatlantic Holdings, Inc. Announces Public Offering of AIG’s Interest

May 28th, 2009

Transatlantic Holdings, Inc. that American International Group, Inc. (“AIG”) and American Home Assurance Company, a wholly owned subsidiary of AIG, (“AHAC” and together with AIG, the “Selling Stockholder”) have commenced a secondary public offering of 26 million shares of the Company’s common stock owned by the Selling Stockholder and that the Selling Stockholder is expected [...]