In accordance with a previously-agreed restructuring plan with lenders, Patriot National, Inc., an insurance technology and outsourcing firm, has officially filed for chapter 11 bankruptcy protection and reorganization. The chapter 11 filing was made Jan. 30 in the U.S. Bankruptcy …
Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization as part of a restructuring support agreement (RSA) with its lenders, Cerberus Business Finance, LLC and its affiliates, and TCW …
Patriot National has promoted Nicole Brewer to senior vice president, Marketing and Corporate Operations. She is based in the company’s Fort Lauderdale, Fla., office. In this position, Brewer will continue to provide a variety of management and professional support functions …
The board of directors of Patriot National Inc. has formed a new special committee of independent directors to review a “range of strategic alternatives,” the company announced. The company said there is no assurance that this review will result in …
Shares of Patriot National Inc fell 4.6 percent on Friday after it announced late Thursday that it could not pay a special dividend pending a court hearing that would happen late March at the earliest. Patriot, which had originally planned …
Patriot Risk Consultants (PRC), a subsidiary of Patriot National, Inc. has launched PN BidExpert, an online marketplace to connect underwriters and risk managers with loss control engineers. PN BidExpert works by matching and connecting underwriters and risk managers with a …
Fort Lauderdale, Florida-based Patriot National Inc. announced that it has acquired Brandywine Insurance Advisors, a specialty insurance brokerage focusing on the construction industry. Patriot National said the total purchase price, assuming all earn-out criteria are met, would be $4.2 million. …
Patriot National Insurance Group Inc., a workers’ compensation insurer based in Fort Lauderdale, Florida, has a new partnership with Stonewood National Insurance Co. for a healthcare industry program in the Midwest. Under the partnership arrangement, Patriot will write workers’ compensation …
Patriot National Insurance Group has named John Rearer as the new president of the insurer’s subsidiary, Patriot Underwriters Inc.As president of Patriot Underwriters, Rearer will oversee Patriot National’s managing general agency, program administration and business process outsourcing.
Workers’ compensation company Patriot National Insurance Group has named Bob Peters as chief operating officer. Peters will oversee the operations of Guarantee Insurance Co., a subsidiary. He reports to Charles Schuver, president of Guarantee, and will be based at Patriot …
