Wausau Insurance will sell its business benefits until to an investor group headed by Wausau Insurance Vice President Fred Moore, creating a stand-alone company.
The sale will allow Wausau to focus on its main business, workers’ compensation. The benefits unit is the 10th largest administrative service provider in the country. It was created more than 50 years ago and serves 1.4 million people enrolled in employee benefit plans.
Was this article valuable?
Here are more articles you may enjoy.
Florida House Gives Final Approval to Much-Debated Citizens Clearinghouse Bill 
Greek Oil Tanker Exits Hormuz Shipping Strait With Signal Off 
Georgia Teacher Killed When Toilet Paper Prank by Students Goes Wrong 
Indiana Church Not Owed Replacement-Cost Payment for Fire Damage 
