Argonaut Group, Inc. (Nasdaq: AGII) today announced in a press release that its principal subsidiary, Argonaut
Insurance Company, has agreed to acquire the renewal rights and other
tangible assets of the workers compensation business of HIH America
Insurance Group ('HIH America') in the
Southwest, Midwest and Hawaii regions. The agreement covers all of
HIH America's existing business in the states of Arizona, Colorado, Nevada,
Illinois, Wisconsin, Michigan and Hawaii.
As announced previously, HIH America has ceased writing new business in
the United States through all of the group...
Comments