Oak Ridge, TN, February 19, 2015 --(PR.com
)-- Appalachian Underwriters, Inc.’s President, Bob Arowood, announced today that a Settlement Agreement and Release has been finalized between Appalachian Underwriters, Inc. and Greenlight Re providing an end to the litigation between the parties. Mr. Arowood stated, “We are pleased to have this matter resolved enabling us to focus 100% of our time and resources on growing our insurance business.” Mr. Bart Hedges, Chief Executive Officer of Greenlight Re added, “I am pleased that an agreement has been reached which will end our ongoing litigation.”
Appalachian Underwriters, Inc. is a full-service MGA and Wholesale Insurance Brokerage, providing independent agents a national outlet to multiple specialized markets for Workers' Compensation, Commercial Specialty, and Personal Lines of insurance. Principals of Appalachian Underwriters are Bill Arowood and Bob Arowood. To learn more about Appalachian Underwriters, Inc., please visit www.appund.com.