American Reliable Insurance Company News

A property insurer is off the hook for a $200,000 claim against a policy that it canceled, leaving a lawsuit filed against a former insurance agent who was arrested for pocketing premiums as the only apparent recourse available to the …

Global Indemnity’s U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant, Inc. In a transaction with an enterprise value of approximately $394,000,000, Global Indemnity’s U.S. division will pay approximately $114,000,000 in cash to Assurant at closing (which could …