Everspan to Sell Providence Washington Shell to RI’s Falvey Group
Everspan Group, a specialty property/casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc., has agreed to sell the admitted shell company Providence Washington Insurance Co. (PWIC) to Rhode Island-based Falvey Insurance Group. New York-based Everspan said the …
We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.