Griffin Highline Acquires Majority Stake in Reunion Health Services
DALLAS, Texas and MADISON, Mississippi – Griffin Highline Capital LLC (“Griffin Highline”), a holding company focused on investing in insurance operating businesses, is pleased to announce it has acquired a majority stake in Reunion Health Services LLC (“Reunion” and the “Company”), a managing general underwriter specializing in employer stop-loss products for self-funded employee benefit plans. As part of the transaction, Steve Parker, Chief Executive Officer of Reunion, and the management team have retained a significant equity stake in the business, ensuring continued alignment with its long-term success. The partnership positions Reunion for growth while preserving the underwriting discipline and client-first culture that have defined the Company. For Griffin Highline, the investment marks its first in the self-insured marketplace.
Ragland Strother & Lafitte Announces Strategic Partnership with Griffin Highline Capital
Ragland Strother & Lafitte (the "Agency” or “RSL”), a leading independent insurance brokerage in Dallas, Texas, today announced that it has entered into a strategic partnership with Griffin Highline Capital LLC (“Griffin Highline”), a holding company focused on investing in insurance operating businesses. As part of the partnership, Griffin Highline has made a growth equity investment in the Agency, which positions RSL to capitalize on strategic growth opportunities that will further the long-term success of the Agency while preserving its differentiated culture.
AM Best Assigns Credit Ratings to Dallas Specialty Insurance Company
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Dallas Specialty Insurance Company (Dallas Specialty) (Dallas, TX). The outlook assigned to these Credit Ratings (ratings) is stable.
adoro Announces Entry into Pet Insurance Market
adoro Pet Insurance Services LLC ("adoro") is pleased to announce its planned Q4 2025 entry into the United States pet insurance market. Based in Washington, adoro is a full-stack insurance agency co-founded by CEO Gavin Friedman and President and COO Tricia Plouf. Both are seasoned leaders in the pet insurance space with a shared vision to offer an improved option for pet owners.
TWFG Insurance Announces Closing of its Initial Public Offering
TWFG, Inc. (“TWFG”) today announced the pricing of its initial public offering of 11,000,000 shares of its Class A common stock at a price to the public of $17.00 per share, before underwriting discounts and commissions, for gross proceeds of $187.0 million. Additionally, TWFG has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.
OpenRoad Announces Entry into Collector Vehicle Insurance Market
Open Road Insurance LLC ("OpenRoad") is pleased to announce its formation as a managing general agency specializing in collector vehicle auto insurance. The company has received its license from the Texas Department of Insurance and plans to launch across select U.S. states later this summer as a new alternative for collector vehicle insurance policyholders. OpenRoad is led by CEO Richard Hutchinson, an insurance industry veteran with over three decades of experience including executive leadership roles at Progressive, Hagerty, and Forge.
HDI Global Specialty Purchases Control of Falcon Risk Holdings in Transaction with Founding Partner Griffin Highline Capital
Griffin Highline Capital LLC ("Griffin Highline") is pleased to announce that HDI Global Specialty ("HDI") has completed the purchase of the Griffin Highline ownership interest in Falcon Risk Holdings LLC ("Falcon" or the "Company"). Falcon was founded in 2021 by CEO Craig Landi, Griffin Highline and HDI. HDI also provides insurance underwriting capacity to Falcon. Since inception, Falcon has launched over 15 unique products and built a talented team of underwriters with expertise in management liability, professional liability and cyber liability insurance.
Orange Insurance Exchange Announces Launch and Entry into the Florida Property Insurance Market
Orange Insurance Exchange ("Orange"), a reciprocal insurer, is pleased to announce its formation and launch in the Florida property insurance market. Orange is led by CEO Don Matz, an insurance industry veteran who was previously the CEO of Producer's National Corporation and the President of Tower Hill Insurance Group, where he spent two decades developing deep expertise in coastal property insurance underwriting. Orange has received its Certificate of Authority from the Florida Office of Insurance Regulation and enters the Florida insurance market with the mission of providing a new alternative for property insurance policyholders.