U.S. mortgage insurance business separated from other operations
Operations are being bought by private equity firms Aquiline Capital Partners and Genstar Capital.
Alterra deal will allow company to expand in reinsurance
The Pennoyer Group is expected to grow in the D.C.-Baltimore market
Company helped by recovery of the U.S. mortgage insurance market
Clement Cos. deal continues expansion in the Tarheel state
Fortune 500 firm has been under pressure from ratings agencies and shareholders