W.R. Berkley Completes Acquisition of American Mining Insurer
Connecticut-based W. R. Berkley Corp. reports it has closed on the acquisition of CGH Insurance Group, the owner of American Mining Insurance Co.
Terms of the transaction were not disclosed.
American Mining, based in Birmingham, Alabama, has specialized in providing insurance protection to the mining industry since 1989.
As earlier indicated, Chandler F. Cox, Jr. will remain as American Mining’s president and chief executive officer, and Dominick Giovannelli will continue as its executive vice president and chief financial officer.
W. R. Berkley Corp. is an insurance holding company that operates in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance, alternative markets, reinsurance, and international.
Source: W.R. Berkley Corp.
- Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less
- High-Powered Dads Are Spending Less Time at Work, More on Childcare
- Maryland Announces $2.5 Billion Settlement Over Baltimore Bridge Collapse
- Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market