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The carrier recognized a goodwill of $256mn and intangible assets of $39mn from the transaction. -
The arrangement enables PCS to expedite growth.
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The investment will be used to scale operations and extend Cowbell's presence in key international markets.
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House Bill 672 will take effect on August 1.
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The first RICO complaint targeted medical providers and training centers.
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The news follows a string of deals that the stop-loss segment has seen in recent months.
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Romel Salam, former Validus Re CRO, will also join Solis as an advisor.
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US Assure has been exploring a potential sale through a narrow process run by Dowling Hales.
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Markel executive Alan Rodrigues will lead the unit.
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The Irish MGA will be able to underwrite commercial property risk up to EUR10mn.
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She will oversee Vantage's specialty insurance distribution strategy.
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