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Non-Tech : Argonaut Group, Inc (AGII)
AGII 58.85+5.4%May 4 5:00 PM EST

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From: JakeStraw3/4/2008 7:55:13 AM
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Argo Group Acquires Massamont Insurance Agency
biz.yahoo.com
Tuesday March 4, 7:00 am ET

Transaction Will Double Underwriting Capacity of a Public Entity Market Leader

HAMILTON, Bermuda--(BUSINESS WIRE)--Argo Group International Holdings Ltd., (NasdaqGS: AGII), an international underwriter of specialty insurance and reinsurance products in niche areas of the property and casualty market, announced today that its Trident Insurance Services unit has acquired Massamont Insurance Agency, Inc. This strategic combination immediately expands Argonaut’s public entity footprint into New England, a market previously underserved by Trident, positioning the company well ahead of competitors.
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