Meadowbrook had agreed to acquire the excess workers' compensation business of USSU for $23 million and reached a management agreement related to the administration of the business.
Meadowbrook Terminates Agreement with US Specialty Underwriters
Insurance company Meadowbrook Insurance Group Inc has reported that it has ended the management agreement with the U.S. Specialty Underwriters Inc (USSU) for a termination payment of $21.5 million.
Published on February 4, 2008
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