American Physicians Service Group Inc. announced that the Texas Department of Insurance has approved the merger of American Physicians Insurance Exchange with APS. The merger, announced in June 2006, has been progressing steadily through the regulatory process.
The merger still requires the approval of the shareholders of APS and the subscribers of American Physicians Insurance Exchange. The shareholder and subscriber meetings have not yet been scheduled, but are expected to occur in March.
APS is a management and financial services firm with subsidiaries and affiliates which provide: medical malpractice insurance services for doctors; and brokerage and investment services to institutions and high net worth individuals. The company is headquartered in Austin, Texas and maintains offices in Dallas.
Source: APS
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
How Niche Insurance Shielded Bad Bunny From Bad Weather 
South Carolina Senate Votes to Suspend $1M Liquor Liability Insurance Requirement 
Rational Market? How About ‘Dumb’ and ‘Bizarre’? 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
