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Acquisitions & ownership changes.

American Pioneer Title Insurance Co., Casselberry, Fla., was acquired by Fidelity National from PMI Group on March 22.

Atlantic Specialty Insurance Co., New York, was sold as a shell to OneBeacon Insurance Co. from Atlantic Mutual Insurance Co. on March 31.

Axa Corporate Solutions Excess & Surplus Lines Insurance Co., Wilmington, Del., was acquired as a shell by Wellington Underwriting plc and began operations as Wellington Specialty Insurance Co. on Nov. 22.

California Indemnity Insurance Co., Los Angeles, was acquired, with its three subsidiaries, CII Insurance Co., Commercial Casualty Insurance Co., and Sierra Insurance Company of Texas, by Folksamerica Holdings Co. Inc. from Sierra Health Services on March 31.

Century American Casualty Co., Austin, Texas, was sold to Access Insurance Holding Inc., Atlanta, by Professional Service Network Inc., effective Oct. 1.

CII Insurance Co., Los Angeles, was acquired by Folksamerica Holdings Company Inc. from Sierra Health Services on March 31.

Commercial Casualty Insurance Co., Los Angeles, was acquired by Folksamerica Holdings Company Inc. from Sierra Insurance Services on March 31.

Continental Heritage Insurance Co., Columbus, Ohio, was acquired by ProAlliance Corp. from ProCentury Corp onApril 26.

Evergreen National Indemnity Co., Columbus, Ohio, was acquired by ProAlliance Corp. from ProCentury Corp. on April 26.

Great Northwest Insurance Co., Indianapolis, was sold as a shell to GNW Acquisition Corp. from Meridian Security Insurance Co. on Oct. 25.

Insurance Company of the South, Nashville, Ga., was sold from Lyndon Property Insurance Co. to Life of the South Corp. on Oct. 5.

Liberty Insurance Company of Canada, Unionville, Ontario, was acquired by Meloche Monnex Inc. from Liberty Mutual Insurance Co. in April.

Merastar Insurance Co., Chattanooga, Tenn., was acquired by Haverford (Bermuda) Ltd. from Prudential P&C Holdings LLC on Nov. 4, 2003.

Millennium Insurance Co., Ventura, Calif., was acquired with Thousand Anniversary Holdings Inc., by Alliance United Holdings Inc. from GuideOne Financial Group Inc. on Jan. 4.

National Merit Insurance Co., Bellevue, Wash., was acquired by Response Insurance Co., Wilmington, Del., from Unigard Insurance Co., Bellevue, Wash. on Jan. 1.

Pacific Northwest Title Insurance Co. Inc., Seattle, parent holding company, Pacific Northwest Title Holding Co., was acquired by First American Title Insurance Co. on June 1.

Permanent General Assurance Corp., Nashville, Tenn., was acquired with its parent, Permanent General Cos. Inc., and an affiliate, Permanent General Assurance Corporation of Ohio, by Capital Z Financial Services Partners on Dec. 2.

Permanent General Assurance Corporation of Ohio, Cleveland, Ohio, was acquired with its parent, Permanent General Cos. Inc., and an affiliate, Permanent General Assurance Corp., by Capital Z Financial Services Partners on Dec. 2.

Potomac Insurance Company of Illinois, Palos Heights, Ill., was sold as a shell from OneBeacon Insurance Co. to Specialty Underwriters Alliance Inc., a holding company on Nov. 23.

Rainier Insurance Co., Phoenix, was acquired by Maritime Services Co., the parent of the Red Shield Cos. on Jan. 1.

Seaco Insurance Co., Framingham, Mass., was sold by Lumber Mutual Insurance Co. as a shell to Delta Dental of California effective Sept. 30. All assets were transferred to the newly formed Seaco Liquidating Trust.

Security Plan Fire Insurance Co., Donaldsonville, La., was acquired with its parent, Security Plan Life Insurance Co., by Citizens Insurance Company of America from Mayflower National Life Insurance Co. on Oct. 1.

Sierra Insurance Company of Texas, Dallas, was acquired by Folksamerica Holdings Company Inc. from Sierra Health Services on March 31.

State Actions

American Bonding Co., Tucson, Ariz., was placed under state supervision by the Arizona Department of Insurance, effective Aug. 25, 1994. An order of rehabilitation was issued Feb. 2, 1995. The company was placed in liquidation on Oct. 8, 2004.

Cascade National Insurance Co., Bellevue, Wash., was placed into receivership for the purpose of rehabilitation by the state of Washington on Nov. 30.

Cumberland Casualty & Surety Co., Tampa, Fla., was issued a consent order and placed in rehabilitation by the Florida Department of Insurance on Feb. 26.

Equity Mutual Insurance Co., Kansas City, Mo., was placed in rehabilitation by the Missouri Department of Insurance, effective Dec. 19, 2002. The company was placed in liquidation on Aug. 18, 2004.

Healthcare Dynamics Insurance Co. Inc., Oklahoma City, surrendered its certificate of authority and dissolved on June 14.

Hospital Casualty Co., Oklahoma City, was placed under state supervision by the Oklahoma Department of Insurance, effective March 31.

Interboro Mutual Indemnity Insurance Co., Mineola, N.Y., was placed into rehabilitation by the New York Department of Insurance on April 6.

Miix Insurance Co., Lawrenceville, N.J., was placed in rehabilitation by the Superior Court of New Jersey on Sept. 28.

Mutual Fire Insurance Company of Carroll County, Westminster, Md., was placed in rehabilitation by the Circuit Court for Baltimore City, Md., effective April 12.

Physicians Liability Insurance Co., Oklahoma City, was placed under state supervision by the Oklahoma Insurance Department, effective March 31.

Progressive Home Underwriters Insurance Co., Austin, Texas, discontinued writing new homeowners business in Texas, effective Jan. 1, and was voluntarily dissolved effective March 31.

The Protective National Insurance Company of Omaha, Omaha, Neb., entered into voluntary liquidation on Feb. 12.

Royal Lloyd's of Texas, Addison, Texas, was dissolved Sept. 30.

Security Indemnity Insurance Co., Neptune, N.J., was placed under state supervision by the New Jersey Department of Insurance during the first quarter of 2003. The company was placed in rehabilitation on June 27, 2003. The state of New Jersey filed an order of liquidation on March 24, 2004, which became effective June 30.

State Capital Insurance Co., Durham, N.C., was placed in liquidation on June 21.

Statewide Insurance Co., Waukegan, Ill., was placed in liquidation by the Illinois Department of Insurance, effective Jan. 6.

TIG Lloyds Insurance Co., Irving, Texas, was dissolved on April 28.
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Title Annotation:Atlantic Specialty Insurance Co., Axa Corporate Solutions Excess & Surplus Lines Insurance Co.
Publication:Best's Review
Date:Jun 1, 2005
Words:949
Previous Article:Mergers.
Next Article:Mergers and retirements.
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