North Canton, Ohio-based pet insurer Hartville Group Inc. announced today that it has signed a letter option agreement to purchase a property/casualty insurance company.
This is an exclusive option for Hartville to commence and complete due diligence with respect to a potential transaction involving the purchase of all of the issued and outstanding shares. Hartville Group, Inc. will be filing a Form 8-K Current Report with the Securities and Exchange Commission upon closing the purchase, and will be filing with the Securities and Exchange Commission financial statements of business acquired and pro forma financial information within the required time following Hartville Group Inc. submission of the Form 8-K Current Report.
Hartville Group Inc. is a holding company specializing in niche insurance product lines with limited competition due to specialization, which affords sizeable underwriting returns in insurance lines such as pet health insurance, equine, farm/ranch and animal mortality. The company, through its pet insurance marketing subsidiary and provider of the Petshealth Care Plans, is one of the leading pet health insurance companies in the United States.
Topics Carriers Property Casualty
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