AmTrust workers’ compensation News

Pinnacol Issues $15M Dividend to 58K Colorado Employers

Colorado’s largest workers’ compensation carrier, Pinnacol Assurance, issued a general dividend of $15 million to 58,000 employers in the state. This marks the organization’s eighth straight year of issuing dividends and a total of $385 million returned to Colorado employers. …

AmTrust Selling Stake in Certain Units to Raise $950M

AmTrust Financial Services will make about $950 million by selling a majority equity interest in some of its U.S.-based fee businesses including managing general agencies and warranty third-party administrators to private equity firm Madison Dearborn Partners (MDP). Barry Zyzkind, AmTrust’s …

AmTrust Gets $300M Boost from CEO’s Family

AmTrust Financial Services Inc., the provider of workers’ compensation insurance, surged in New York trading after members of the chief executive officer’s family agreed to inject $300 million for new shares in a private placement. The family of CEO Barry …