Max Capital subsidiary buys Commercial Guaranty Insurance Company
Max Specialty, the U.S. excess and surplus lines unit of Bermudian (re)insurer Max Capital, said it acquired Commercial Guaranty Casualty Insurance Company, an insurance entity licensed to write business in all fifty states plus the District of Columbia.
Financial terms of the transaction were not disclosed.
Max Specialty expects that, after filing of the required corporate amendments and after regulatory review, Commercial Guaranty’s name will be
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