ProAssurance to Acquire NORCAL Group
February 20, 2020
ProAssurance Corp. and NORCAL Group announced today the signing of a definitive agreement under which NORCAL would become a part of ProAssurance in a $450 million transaction following the demutualization of NORCAL Mutual Insurance Company (NORCAL Mutual), NORCAL's ultimate controlling party. The demutualization and the acquisition agreement are mutually contingent,… Continue reading...
ISMIE Mutual Announces Completion of SEMPIC Merger
December 2, 2019
The ISMIE Mutual Insurance Company is pleased to announce the completion of a merger with the Southeast Michigan Physicians’ Insurance Company (SEMPIC) after receiving all required regulatory approvals. SEMPIC has been providing comprehensive medical professional liability insurance for Detroit Medical Center (DMC) physicians for more than 10 years with high-quality risk management… Continue reading...
Acadia Professional Acquires Toro Risk Consulting Group
October 4, 2019
Acadia Professional, a medical professional liability insurance agency, announced the acquisition of Toro Risk Consulting Group, a healthcare consulting firm that primarily works with emerging companies to support providers in value-based care programs. “Traditional medical malpractice risk can no longer be viewed in a silo. Toro brings a deeper understanding… Continue reading...
The Hilb Group Acquires Keane Insurance Group
May 22, 2019
The Hilb Group, LLC, a middle-market insurance agency headquartered in Richmond, Va., and a portfolio company of the private equity firm Abry Partners, announced today the acquisition of Missouri-based The Keane Insurance Group, Inc. The transaction became effective May 1, 2019. Founded in 1995, The Keane Insurance Group is an… Continue reading...