VALE Insurance Partners has acquired 100 percent of the assets of San Francisco, Calif.-based Onyx Transportation Services LLC, the program administrator for Onyx Insurance Company Inc., a risk retention group specializing in the transportation industry.
The program administrator will now operate as VALE Transportation.
Terms of the deal were not disclosed.
New York, N.Y.-based VALE Insurance Partners is a program administrator focused on specialized insurance programs, including representations and warranties insurance.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ 
World’s Growing Civil Unrest Has an Insurance Sting 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
