financial

maidstone_442_246

Interboro LLC, Mineola, NY, is a personal lines property and casualty insurer offering homeowners and automobile insurance to residents of New York State through its Interboro Insurance and Maidstone Insurance subsidiaries. Interboro has grown rapidly under our ownership, and has entered new markets. In 2016, the company sold Interboro Insurance,  its homeowners insurance unit to United Insurance Holdings Corp, while the remaining auto business is written through Maidstone Insurance Company. Northwood co-led the recapitalization of Interboro out of rehabilitation from the Liquidation Bureau of the New York State Insurance Department in 2007 and co-led a follow-on financing in 2008. In 2017, Mainstone was sold to a financial buyer.