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Transportation Insurer Lancer to Merge Into Core Specialty

Transportation Insurer Lancer to Merge Into Core Specialty
insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.

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Long Beach insurer merges with Cincinnati firm

Law firm on Long Island served as transaction counsel. ....

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Lancer Insurance Company to Merge with Core Specialty

Lancer Insurance Company to Merge with Core Specialty
- Lancer to operate as a separately managed Division of Core Specialty, retaining the Lancer brand and management team
- Furthers Core Specialty s momentum in building the leading specialty insurance company
- Dave Delaney, Lancer s CEO, to join the Core Specialty Board
- Deepens Core Specialty s participation in the commercial auto market, where rates have been escalating
- Pro forma capital exceeds $1 billion
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CINCINNATI and LONG BEACH, N.Y., April 16, 2021 /PRNewswire/ Core Specialty Insurance Holdings, Inc. and its subsidiaries ( Core Specialty or the Company ) and Lancer Financial Group, Inc. (the parent company of Lancer Insurance Company (collectively, Lancer )), both specialty property and casualty ( P&C ) insurers, announced today the signing of a definitive agreement to combine the companies in a stock and cash transaction. ....

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OneDigital Acquires HM Employee Benefits and Risk Management

Press release content from Business Wire. The AP news staff was not involved in its creation.
OneDigital Acquires HM Employee Benefits and Risk Management
February 11, 2021 GMT
ATLANTA (BUSINESS WIRE) Feb 11, 2021
OneDigital, the nation’s leading health, retirement/wealth, and HR advisory firm focused on empowering business growth for employers of all sizes, announced it has acquired HM Employee Benefits and Risk Management (HM), located in St. Louis, Missouri.
This acquisition is the first to integrate property and casualty (P&C) into OneDigital’s suite of health, retirement and wealth, and human resources consulting, a significant milestone in the company’s growth. The partnership represents a turning point for OneDigital as it enters the traditional multiline agency arena with a very untraditional economic value equation. ....

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OneDigital Acquires Missouri's HM Employee Benefits and Risk Management

OneDigital Acquires Missouri’s HM Employee Benefits and Risk Management
February 11, 2021
OneDigital has acquired HM Employee Benefits and Risk Management (HM), located in St. Louis, Missouri.
This acquisition is the first to integrate property/casualty (P/C) into OneDigital’s suite of health, retirement and wealth, and human resources consulting services. The partnership represents a turning point for OneDigital as it enters the traditional multiline agency arena.
Founded in 1991 and led by Chairman, President and CEO Mike Shanahan, HM provides employee benefits and risk management services to clients in all 50 states and 60-plus countries. With the acquisition, 130 employees have joined the OneDigital team. ....

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