The New York Stock Exchange suspended trading in the shares of New Jersey’s troubled Highlands Insurance Group Inc., and has filed an application with the Securities and Exchange Commission to eventually delist its common stock, as the value of its shares has fallen below the NYSE’s minimum requirements.
Shares fell to around 17 cents following the announcement that Highlands planned to cease accepting new or renewal business, and was looking for alternatives, including finding buyers for its present books. (See IJ Website,
Dec. 10)
Was this article valuable?
Here are more articles you may enjoy.
Claimants of 23andMe Data Breach to Get $46.75M in Settlement Deal 
Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns 
MMA Alleges Broker Patriot Poached 11 Surety Team Members 
WR Berkley Founder and Executive Chairman Dies at 80 
