Trident Buys Coregis Public Entity Renewal Rights

Trident Insurance Services L.L.C., Argonaut's public entity underwriting unit, is purchasing the renewal rights to the public entity insurance business of the Coregis Insurance Co. unit of GE Employers Reinsurance Corp.Trident, which is a subsidiary of San Antonio-based Argonaut Group Inc., currently generates about $55 million to $60 million in annual premiums, according to Trident President Michael Arledge. The acquisition is expected to substantially increase the size of Trident's book.Coregis generates about $100 million in annual premiums and consists of general liability, law enforcement...