Partnership will look to reduce claims costs
Acquired firm has served the market since 1997
Move secures its presence in tumultuous marketplace
Sale occurs just months after CFO was tapped for the role
It expands the role of senior executive, enabling him to have oversight of both regions
Acquired broker has expertise across a host of specialties
State to provide claims mediation at no charge
Insurer becomes latest casualty of the turbulent market
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Rate increases are showing signs of stability, but organizations can't skimp on their risk management protocols
