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.
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
IMA Latest to Sue Howden Over Alleged Employee Poaching 
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
NAIC Victim of Cyber Incident Via PeopleSoft System 
