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Coregis Insurance sells public book to Argonaut.(News)

Byline: Douglas McLeod

OVERLAND PARK, Kan.-The Coregis Insurance Co. unit of GE Employers Reinsurance Corp. is selling the renewal rights to its public entity insurance business to Argonaut Group Inc.

The acquisition will substantially increase the size of San Antonio-based Argonaut's public entity underwriting unit, Trident Insurance Services L.L.C., which currently generates about $55 million to $60 million in annual premiums, said Trident President Michael Arledge.

The Coregis business generates about $100 million in annual premiums and consis

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