Louisville, Ky.-based Hardscuffle Inc. has acquired New Jersey-based Rutgers Enhanced Insurance Co., Louisville Business First reported.
Following the acquisition, the company was renamed to Hornbeam Insurance Co. The acquired entity will provide warranty and specialty insurance products to consumers, manufacturers, retailers, financial institutions and other clients in the U.S.
Kevin Callahan, president and COO, Dan Tafel, senior vice president of business development, and Christopher Karo, secretary and general counsel, will lead Hornbeam, according to the report.
Hardscuffle is the parent of American Life and Accident Insurance Co. of Kentucky.
