National Atlantic Holdings Corp. today confirmed that preliminary discussions with The Commerce Group, Inc. regarding a potential business combination or other strategic transaction have been terminated by mutual agreement of the parties.
National Atlantic Holdings Corp.and its subsidiaries provide property and casualty insurance and insurance-related services to individuals, families and businesses in New Jersey.
The Commerce Group, Inc. and its subsidiaries provide personal and commercial property and casualty insurance in Massachusetts and, to a lesser extent, in other states.
Source: National Atlantic Holdings Corporation
Was this article valuable?
Here are more articles you may enjoy.
More Americans Are Moving Away From Flood Risk Than Toward It 
KPMG Australia Scandal Widens After it Confirms Optus Data Was Misused 
NAIC Victim of Cyber Incident Via PeopleSoft System 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
