Florida insurance regulators have placed workers’ compensation carrier Guarantee Insurance Co. in receivership due to inadequate reserves. According to documents from the Florida Office of Insurance Regulation (OIR), the company was materially under-reserved at year end 2016 and consented to …
Shares of Patriot National Inc fell 4.6 percent on Friday after it announced late Thursday that it could not pay a special dividend pending a court hearing that would happen late March at the earliest. Patriot, which had originally planned …
Insurance technology and outsourcing firm Patriot National Inc. said its board of directors has rejected a buyout offer from technology provider Ebix Inc., which sells e-commerce and on-demand software to insurance and financial firms. The Florida-based company said its board …
