FLA. DFS LICENSES INTENDANT BROKERAGES

Bruce K. Howson, Intendant Hold-ing Corporation president and CEO, announced that the Florida Department of Financial Services has issued an operat-ing license to IHC’s reinsurance brokerage subsidiary King’s Bay Reinsurance Intermediaries Inc. and King’s Bay Insurance Services Inc., a principle operating subsidiary of IHC.

“We are pleased to announce that the licensing of KBRe is the first major step in the launching of our reinsurance broking operations, which will initially focus on Florida and Georgia,” Philip C. Cawley, KBRe president, said. “In a short time, we expect to provide reinsurance brokerage services in the Southeast and Southwest regions of the United States.”