Business Wire

AM Best Places Credit Ratings of Direct General Life Insurance Company Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) ...
MarketWatch

Direct General agrees to be bought by private equity firms

LONDON (MarketWatch) -- Insurance group Direct General Corp. said it has agreed to be bought by a private equity group in a deal valued at $628.2 million including debt. Direct General said Elara ...
JD Supra

Florida Federal Court Applies Fla. Stat. § 624.155(4)(a) Safe Harbor to Bad Faith Claim From 2019 Auto Accident

In Direct General Insurance Co. v. Creamer, the U.S. District Court for the Middle District of Florida determined whether the safe harbor provision of Florida Statutes section 624.155(4)(a), enacted ...
Business Wire

Direct General Corporation Enters into Merger Agreement with Private Equity Group

NASHVILLE, Tenn.--(BUSINESS WIRE)--Direct General Corporation (“Direct General”) (NasdaqGS: DRCT) announced today that it has entered into a definitive merger agreement with Elara Holdings, Inc.