Announced
Synopsis
Forza Insurance, an insurance services provider, agreed to acquire Interboro Insurance, a homeowners insurance services provider, from American Coastal Insurance, an insurance holding company. Financial terms were not disclosed. “Interboro is a strong strategic fit for Forza and SageSure. We are incredibly pleased that we have found the right purchaser and program administrator to continue Interboro’s 100+ year journey. Peter N. Resnick, President of Interboro, and his talented team will complement the teams from Forza and SageSure and will be able to take Interboro to new heights,” Brad Martz, American Coastal President.
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