FPIC Insurance Group, Inc. Completes Acquisition of The Tenere Group, Inc.JACKSONVILLE Jacksonville. 1 City (1990 pop. 29,101), Pulaski co., central Ark., inc. 1941. The city has varied industries, including printing and publishing and the manufacture of electronic equipment, ordnance, and plastic and metal products. , Fla.--(BUSINESS WIRE)--March 22, 1999--FPIC Insurance Group, Inc. (Nasdaq:FPIC FPIC First Professionals Insurance Company (Jacksonville, FL) FPIC Field Programmable Interconnect FPIC Federal Partnership for Interoperable Communications FPIC Field Programmable Interconnect Chip ) today announced that it has completed the acquisition of The Tenere Group, Inc., a Missouri-based insurance holding company. Tenere has two principal insurance subsidiaries, Intermed Insurance Company, which writes medical professional liability insurance primarily for Missouri Missouri, state, United States Missouri (mĭz  r`ē, –ə), one of the midwestern states of the United States. physicians, and Interlex Insurance Company, which writes legal professional liability insurance for Missouri attorneys. William William, crown prince of Germany William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack R. Russell, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of FPIC Insurance Group, Inc., stated, "The acquisition of Tenere, Intermed and Interlex substantially increases our presence in the Midwest and represents another step in our goal of establishing a national presence. Also, Interlex provides us with a new product line that we anticipate prudently expanding to other states where we conduct business." About FPIC Insurance Group, Inc.: FPIC Insurance Group, Inc. (http://www.fpic.com) and its affiliates have developed a variety of insurance products and services for participants in the health care industry. These products include medical professional liability insurance, health and workers compensation insurance for medical practitioners, managed care liability insurance, professional and comprehensive general liability insurance for health care facilities, Medicare and Medicaid Medicare and Medicaid U.S. government programs in effect since 1966. Medicare covers most people 65 or older and those with long-term disabilities. Part A, a hospital insurance plan, also pays for home health visits and hospice care. fraud and abuse defense coverage, AHCA/OSHA insurance coverage, provider stop loss insurance and third-party administration services. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion