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.
Some College Finals Delayed After Canvas Online Platform Hacked 
Travelers: Aging Workforce, New Employees Drive Complexity in Injury Claims 
In Florida Court, Sackler Family Member Admits Felony Tied to Her Opioid Addiction 
Health Officials Downplay Pandemic Risk From Cruise Hantavirus Outbreak 
