HCC Enters D&O Market
NU Online News Service, Feb. 4, 12:48 p.m. EST?HCC Insurance Holdings in Houston is moving into the directors and officers liability insurance market by arranging to buy MAG Global Financial Products, LLC, the company said.
Without disclosing terms of the deal, HCC announced it has signed a letter of intent to acquire all of the outstanding shares of MAG. The closing is expected by end of March, HHC said.
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