PMA Capital Corporation of Philadelphia announced the completion of its sale of Caliber One Indemnity Company to Northern Homelands Company.
The closing of the sale of Caliber One, which occurred today, generated gross proceeds of approximately $31 million, representing $3.5 million plus surplus of approximately $27 million.
PMA Capital’s subsidiaries provide specialty risk management products and services to customers throughout the U.S.
Was this article valuable?
Here are more articles you may enjoy.
FTC, States Allege Toast Software Burns Restaurants and Consumers 
Yellow Furball Mascot Liberty Biberty Sparks ‘Beautiful’ Protest. Seriously? 
Allstate Q3 Net Income Drops About 45% on Higher Catastrophe Losses 
AIG Steps Back from NPW Growth Target on Pressure in Some Lines 
