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Stock Market & Financial Investment News

News Breaks
November 27, 2012
13:01 EDTMIGMeadowbrook Insurance says reserve position stronger than in Q2
In a company slides presentation the company said it is $19.8M above midpoint of estimates range for reserves.
News For MIG From The Last 14 Days
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July 1, 2015
16:03 EDTMIGMeadowbrook announces Ohio Department of Insurance approval of acquisition
Meadowbrook Insurance announces that on July 1, Fosun International Limited has received the required approval from the Ohio Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiary, Century Surety Company, domiciled in the state of Ohio. The closing of the acquisition remains subject to the fulfillment or waiver of certain other customary closing conditions that have not yet been satisfied, including receipt of the remaining required insurance regulatory approval for Meadowbrook's insurance company domiciled in the state Missouri. The application for the insurance regulatory approval in Missouri is substantially complete.
June 26, 2015
16:03 EDTMIGMeadowbrook Insurance says Fosun receives CDI approval for acquisition
Meadowbrook Insurance Group announces that on June 25, Fosun International Limited has received the required approval from the California Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiaries commercially domiciled in the state of California, which include Star Insurance Company, ProCentury Insurance Company and Williamsburg National Insurance Company. The closing of the merger contemplated by the Merger Agreement remains subject to the fulfillment or waiver of certain other customary closing conditions that have not yet been satisfied, including receipt of the remaining required insurance regulatory approvals for Meadowbrook's insurance companies domiciled in the state of Missouri and Ohio. The applications for insurance regulatory approvals in each of those states are substantially complete.
June 22, 2015
08:58 EDTMIGMeadowbrook Insurance receives regulatory approvals for acquisition by Fosun
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