By Maitane Sardon
Fairfax Financial said it agreed to sell its 80% stake in the insurance business of Eurolife FFH Insurance Group to Eurobank Ergasias for 813 million euros ($944.7 million) in cash.
As part of...
HONOLULU — In a Friday press release, the state's Department of Commerce and Consumer Affairs said that DTRIC Insurance Company, Limited, has announced its intent to transition to a run-off insurance carrier in Hawaii.
This means that DTRIC will no longer issue new policies...
Fulcrum Capital LLC lifted its position in shares of UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 5.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,219...
Insurance provider DTRIC will leave the insurance market in Hawai‘i and wind down its operations over the next several years.On Friday, the Hawai‘i Department of Commerce and Consumer Affairs announced that DTRIC — a home and auto insurer founded in 1992 — would...
This story was updated at 6:07 p.m. Oct. 10, 2025, after a correction was issued by Hawai‘i Department of Commerce and Consumer Affairs.
DTRIC Insurance intends to transition to a run-off insurance carrier in Hawai‘i.
As a run-off insurance carrier, the firm no...
Japan-based Tokio Marine Holdings Inc. plans to spend more than $10 billion on global acquisitions to expand its international business, Life Insurance International reports,citing Bloomberg. The insurer aims to reduce its U.S. earnings share from 80% to about 70% by increasing exposure in Latin America...