MIIX Group, Inc., New Jersey’s troubled medical professional liability insurance provider, announced that it has engaged Fox-Pitt, Kelton Inc. as its financial advisor “to explore strategic alternatives for the company.”
After reporting a $162.8 million loss in the 4th quarter (See IJ Website March 1), and having S&P lower the ratings on its Lawrenceville unit to ‘Bpi’ (See IJ Website March 15), MIIX is seeking solutions to its financial problems.
Was this article valuable?
Here are more articles you may enjoy.
New Jersey E-Bike Registration, Insurance Requirements Now in Effect 
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal 
NYC Says Source of Legionnaires’ Disease Has Been Eliminated 
London Broker Howden Plots Giant Capital Raise on IPO Path 
