New Orleans-based Pan-American Life Insurance Group has completed the acquisition of USNow, which is headquartered in Plano, Texas, and provides limited medical plans.
Since 1995, USNow President and CEO David E. Lindsey has been active in the area of managed limited medical benefits, providing underinsured/uninsured individuals and corporate employees with access to group healthcare.
He founded USNow in 2002, and in 2006 Lindsey revitalized an old relationship with Pan-American Life, focusing USNow’s attention on Pan-American’s U.S. worksite product line. In 2007, Lindsey sold Pan-American Life a 20 percent ownership stake in USNow; the acquisition is now complete with Pan-American’s purchase of Lindsey’s remaining interest.
Source: USNow
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims 
Farmers to Pay $2.8M to Settle TPCA Class Action Lawsuit 
Merger Suits Stall Under DOJ Boss Who Opposes Blocking Deals 
Remember the Fall of Patriot National? Trial in Suit vs. Mariano’s Lawyers to Begin 
