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Around the P&C insurance industry: March 8, 2017

News from NJM Insurance Company, HCI Group, XL Catlin and more.

By Caterina Pontoriero | Updated on March 08, 2017
(Photo: Thinkstock)

Jacksonville, Florida-based workers’ compensation services provider One Call Care Management has completed the acquisition of analytics and data visualization platform High Line Health. “Combining High Line’s platform with One Call’s expertise in workers’ comp will accelerate the pursuit of better outcomes for our customers and injured workers,” said Dale Wolf, president and CEO at One Call.

Tampa-based homeowners’ and reinsurance company HCI Group, Inc. has announced its intention to offer, subject to market and other conditions, $115 million aggregate principal amount of convertible senior notes due 2037 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. HCI also expects to grant the initial purchasers an option to purchase up to an additional $17.25 million aggregate principal amount of the notes.

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