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Around the industry: July 30, 2015

News from Alliant Insurance, Universal Insurance, W. R. Berkley and more.

By Trudy Knockless | Updated on July 30, 2015
News from Alliant Insurance, Universal Insurance, W. R. Berkley and more. (Image: Shutterstock)

Alliant Insurance Services announced the acquisition of Todd Garibaldi Insurance Agency, Inc. (TGI). The transaction is part of the company’s growth plan via acquisition and focus on specialty industries such as agribusiness, construction, public entity, energy, tribal nations, and employee benefits. With TGI being the second agribusiness-focused acquisition, Alliant now has 10 offices in California, dedicated to farmers and growers. Todd Garibaldi will join Alliant as senior vice president for Agribusiness and Food Services.  Todd Garibaldi Insurance Agency, Inc. will now be Todd Garibaldi Insurance Agency, a division of Alliant Insurance Services, Inc. and will continue to provide uninterrupted client services in Lodi, Calif.

Universal Insurance Holdings, Inc. announced that its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), was issued a Certificate of Authority by the Virginia State Corporation Commission. UPCIC is now an approved licensed insurance entity in Virginia, making it the 13th state in which UPCIC is now licensed. One of the leading writers of homeowners insurance in Florida, UPCIC is also licensed to offer its homeowners insurance products in North Carolina, South Carolina, Hawaii, Georgia, Massachusetts, Maryland, Delaware, Indiana, Pennsylvania, Michigan and Minnesota.

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