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Article: Harleysville Mutual to Acquire Delta Lloyds Flood Insurance Business.
- Article from:
- Insurance Weekly News
- Article date:
- November 13, 2009
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Harleysville Mutual Insurance Company and Delta Lloyds Insurance Company of Houston, Texas, have agreed to a transaction in which Harleysville will assume Delta's book of "Write Your Own" (WYO) flood business effective November 1, 2009. Delta General Agency Corporation, through its more than 500 retail flood agents, will represent Harleysville in much the same way it represented Delta Lloyds. As such, Delta General will continue to provide training, servicing and marketing support for flood insurance to those agents. Terms of the transaction were not disclosed.
"Since entering the WYO flood program in 1999, our goal has been to become a major participant in this ...