Washington’s Office of the Insurance Commissioner has approved the sale of three Bellevue, Wash.-based property and casualty insurance companies to an Austrailian holding company. Officials said Unigard Insurance Co., Unigard Indemnity Co., and Unigard Pacific Insurance Co., will continue operations from the group’s Bellevue offices.
In May, QBE Insurance Group Ltd., an Australian corporation, and its subsidiary, QBE Holdings Inc. of Delaware, filed a request to purchase Unigard Insurance Co., Unigard Indemnity Co., and Unigard Pacific Insurance Co. The three companies are wholly owned subsidiaries of Winterthur US Holdings Inc., a subsidiary of AXA, a French holding company.
Source: DOI
Topics Carriers Washington
Was this article valuable?
Here are more articles you may enjoy.
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
Camp Mystic, Where Texas Floods Killed 28, Files Bankruptcy 
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’ 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
