MORE POSITIVE NEWS!! THIS JUST IN, ANOTHER ADDITION!!
DALLAS, TX, January 02, 2017 /24-7PressRelease/ -- McCusker Holdings Corp today announced that it has entered a definitive agreement, to acquire Evergreen Underwriting Group Inc. a Wyoming based private company, following the completion of the conversion of Evergreen Underwriting Group stock and the transaction is now closed.
Chairman and Chief Executive Officer Willard McCusker stated: "We are excited about the addition of Evergreen to our growing list of subsidiaries. The Evergreen acquisition provides us with talent, underwriting programs, and opportunity as we plan converting Evergreen over in first quarter to our own private captive insurance company. We believe this move will enhance all our companies, and we expect to realize substantial benefits from transitioning to our now private underwriting solution to save taxes and other fees and maintain control over our premiums which were at risk of underwriting mismanagement in the past. We also believe our comprehensive reinsurance structure, and our shared services platform will continue to enhance our other books of business.
This transaction is going to be key to our success, but we see this area as offering substantial opportunities to profitably grow our business in the future. We look forward to working with the Evergreen team and providing them with the broad resources and capabilities that McCusker Holding Corp must offer. We expect the transaction will be immediately accretive to earnings."
About Evergreen Underwriting Group Inc.
Evergreen Underwriting Group Inc., provides risk management and warranty coverage for its companies in the United States. The company serves its companies in manufacturing, warehousing, leisure, property ownership, and technology sectors. It offers its products only to its authorized companies.
Evergreen Underwriting Group Inc., was formed to provide the necessary levels of coverage to its owners and their programs. The company is now based in Cheyenne WY, United States. As of December 16, 2014, Evergreen now operates as the Risk Manager for its companies.
Cheer up, its your birthday!
Treat everyday like its your birthday, dwelling on your pennies is not going to make it run. Meow!
