NSM Insurance Group makes deal to sell off U.S. commercial insurance division
Conshohocken, Pa.-based NSM Insurance Group is selling its U.S. commercial insurance division to a New York-based investment firm for an undisclosed amount. The transaction announced Monday is expected to close in the next 45 days following customary regulatory approvals and closing conditions. New Mountain Capital, an investment firm with over $55 billion in assets under […] The…
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