Tuesday, November 20, 2007

 

Blue Bell PA insurance industry firm sold

Health plan underwriter Montgomery Management Corp. has been sold for an undisclosed price. The Blue Bell, Pa.-based company will retain its name and continue to operate independently with its core management team in place, according to new owner Companion Life Insurance Co. of Columbia, S.C.

Companion bought Montgomery Management, a managing general underwriter of stop-loss coverage for employer health plans, from HealthPlan Holdings Inc. of Tampa, Fla...

BizJournals (Philadelphia): Blue Bell insurance industry firm sold

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