Trean Insurance Group

Trean Insurance Group, Inc. engages in the provision of insurance products and services focused on specialty casualty lines. It provides its program partners with services such as issuing carrier services, claims administration and reinsurance brokerages. The company was founded by Andrew M. O'Brien in 1996 and is headquartered in Wayzata, MN.

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Trean Insurance Group, Inc. engages in the provision of insurance products and services focused on specialty casualty lines. It provides its program partners with services such as issuing carrier services, claims administration, and reinsurance brokerages. The company was founded by Andrew M. O'Brien in 1996 and is headquartered in Wayzata, MN.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of Trean Insurance Group, Inc (Trean). The outlook of the Credit Rating is stable. Concurrently, AM Best has withdrawn the public Long-Term ICR of Trean per the company's request. Effective April 21, 2023, Altaris LLC through various partners acquired all outstanding public shares of Trean and now controls 100% of the group's common stock. This press release relates to Credit.

AM Best Withdraws Issuer Credit Rating of Trean Insurance Group, Inc.

WAYZATA, Minn. and NEW YORK, April 21, 2023 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today announced the completion of the acquisition of the Company by funds managed by Altaris, LLC (collectively with its affiliates, “Altaris”) for $6.15 per share in cash. The transaction was announced on December 16, 2022 and received approval from stockholders on April 18, 2023. As a result, Trean's common stock ceased trading and will no longer be listed on Nasdaq.

Altaris Completes Acquisition of Trean Insurance Group

WAYZATA, Minn. and NEW YORK, April 18, 2023 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, announced that at the Special Meeting of Stockholders (the “Special Meeting”) held earlier today, the Company's stockholders approved the Agreement and Plan of Merger entered into by the Company with affiliates of Altaris, LLC (collectively with its affiliates, “Altaris”) (the “Merger Agreement”) providing for the proposed merger of the Company with an affiliate of funds managed by Altaris (the “Merger”).

Trean Insurance Group Receives Stockholder Approval of Proposed Merger

NEW YORK , March 30, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Trean Insurance Group, Inc. (" Trean" or the "Company") (NASDAQ: TIG) stock prior to December 14, 2022 . You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of Trean by affiliates of its 47% stockholder, Altaris, LLC.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation into the Fairness of the Acquisition of Trean Insurance Group, Inc. by Altaris, LLC

NEW YORK , March 17, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman is investigating the proposed going-private acquisition of Trean Insurance Group, Inc. (Nasdaq: TIG) by Altaris, LLC, the company's controlling shareholder. Altaris seeks to buy Trean for $6.15 per share, yet financial analyses have valued the company as high as $8.34 per share.

TREAN SPECIAL ALERT: Julie & Holleman Investigates Potential Legal Claims Related to Proposed Controller Buyout of Trean Insurance Group, Inc.

WAYZATA, Minn., March 09, 2023 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today reported results for the fourth quarter and full year ended December 31, 2022.

Trean Insurance Group Reports Fourth Quarter and Full Year 2022 Results

NEW YORK , Feb. 14, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman is investigating the proposed going-private acquisition of Trean Insurance Group, Inc. (Nasdaq: TIG) by Altaris, LLC, the company's controlling shareholder. Altaris already owns nearly half of the company, but it recently signed a deal to acquire the rest of the company's shares for $6.15 per share in cash, or a total of about $350 million.

TIG SPECIAL ALERT: Julie & Holleman Investigates Potential Legal Claims Related to Take-Private Acquisition of Trean Insurance Group, Inc.

PHILADELPHIA , Feb. 6, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (Nasdaq: TIG) ("Trean") on behalf of the company's shareholders. On December 16, 2022, Trean announced that it would be acquired by affiliates of Altaris, LLC at a price of just $6.15 per share – a price that is 35% lower than Trean's 52-week high value of $9.47 per share.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Trean Insurance Group, Inc. (TIG) Privatization and Encourages TIG Shareholders to Contact the Firm

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PHILADELPHIA , Jan. 17, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (Nasdaq: TIG) ("Trean") on behalf of the company's investors. On December 16, 2022, Trean announced that it would be acquired by affiliates of Altaris, LLC at a price of just $6.15 per share – a price that is 35% lower than Trean's 52-week high value of $9.47 per share.

TREAN INVESTIGATION ALERT: Kaskela Law LLC Announces Investigation of Trean Insurance Group, Inc. (TIG) Proposed Privatization and Encourages TIG Shareholders to Contact the Firm

PHILADELPHIA--( BUSINESS WIRE )--Shareholder protection law firm Kaskela Law LLC announces that it is investigating Trean Insurance Group, Inc. (NASDAQ: TIG) (“Trean” or the “Company”) on behalf of the Company's investors.

Kaskela Law LLC Announces Shareholder Investigation of Trean Insurance Group (NASDAQ: TIG) and Encourages TIG Investors to Contact the Firm

Philadelphia, Pennsylvania--(Newsfile Corp. - December 29, 2022) - Kehoe Law Firm, P.C. is investigating whether the directors of Trean Insurance Group, Inc. ("Trean Insurance" or "Trean") (NASDAQ: TIG) breached their fiduciary duties to the shareholders of Trean Insurance in approving a merger with affiliates of Altaris Capital Partners, LLC ("Altaris Capital") for inadequate consideration.

Trean Insurance Group (TIG) - Trean Insurance Group Investors Encouraged to Contact Kehoe Law Firm, P.C. - Breach of Fiduciary Duties Investigation

NEW YORK--( BUSINESS WIRE )--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of Trean Insurance Group, Inc. (“Trean”) (NASDAQ: TIG) breached their fiduciary duties to its shareholders in approving a merger with affiliates of Altaris Capital Partners, LLC (“Altaris”) for inadequate consideration. If you are a Trean shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com.

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates the Altaris Buyout of Trean Insurance Group – TIG

New York, New York--(Newsfile Corp. - December 27, 2022) - Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Trean Insurance Group, Inc.

SHAREHOLDER ALERT: The M&A Class Action Firm Announces the Investigation of Trean Insurance Group, Inc. - TIG

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NEW ORLEANS--( BUSINESS WIRE )--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Trean Insurance Group, Inc. (NasdaqGS: TIG) to affiliates of Altaris, LLC. Under the terms of the proposed transaction, shareholders of Trean will receive only $6.15 in cash for each share of Trean that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

TREAN INSURANCE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Trean Insurance Group, Inc. - TIG

NEW YORK , Dec. 19, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Trean Insurance Group, Inc. ("Trean" or the "Company") (NASDAQ: TIG), in connection with the proposed acquisition of the Company by affiliates of Altaris, LLC. Under the terms of the merger agreement, the Company's shareholders will receive $6.15 in cash for each share of Trean common stock owned.

SHAREHOLDER ALERT: Weiss Law Investigates Trean Insurance Group, Inc.

OLDWICK, N.J.--( BUSINESS WIRE )--AM Best has commented that the Credit Ratings (ratings) of the members of Benchmark Insurance Group (BIG) and its ultimate parent, Trean Insurance Group, Inc. (Delaware) (Trean Insurance) [NASDAQ: TIG], remain unchanged following an announced merger agreement with affiliates of Altaris, LLC. (Altaris).

AM Best Comments on Credit Ratings of Trean Insurance Group, Inc. Following Announced Merger Agreement

NEW YORK , Dec. 16, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Trean Insurance Group, Inc. (NASDAQ: TIG) and its board of directors concerning the proposed acquisition of the company by Altaris Capital Partners. Non-Altaris stockholders will receive $6.15 for each share of Trean Insurance Group stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Trean Insurance Group

MILWAUKEE , Dec. 16, 2022 /PRNewswire/ -- Ademi LLP is investigating Trean (Nasdaq: TIG) for possible breaches of fiduciary duty and other violations of law in its transaction with Altaris.  Click here to learn how to join the action https://www.ademilaw.com/case/trean-insurance-group-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Trean Insurance Group, Inc. has obtained a Fair Price in its transaction with Altaris

Wilmington, Delaware--(Newsfile Corp. - December 16, 2022) - Rigrodsky Law, P.A. is investigating Trean Insurance Group, Inc. ("Trean") (NASDAQ: TIG) regarding possible breaches of fiduciary duties and other violations of law related to Trean's agreement to be acquired by Affiliates of Altaris, LLC. Under the terms of the agreement, Trean's shareholders will receive $6.15 per share.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-trean-insurance-group-inc.To contact Seth D.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Trean Insurance Group, Inc. Buyout

One of today's biggest stock market movers is a little-known insurance provider based in Wayzata, Minnesota. Trean Insurance Group (NASDAQ: TIG ) doesn't typically make national headlines but its stock is surging on the news that the company has reached a definitive merger agreement with Altaris Capital.

Altaris Capital Is Acquiring Trean Insurance Group. TIG Stock Is Soaring 90%

NEW YORK--( BUSINESS WIRE )--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Trean Insurance Group, Inc. (NASDAQ: TIG) to affiliates of Altaris, LLC for $6.15 in cash per share is fair to Trean shareholders.

TIG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Trean Insurance Group, Inc. Is Fair to Shareholders

Trean Stockholders to Receive $6.15 Per Share in Cash, a Premium of Approximately 97%

Trean Insurance Group Announces Definitive Agreement to be Acquired by Altaris Capital Partners

Trean Insurance Group, Inc. (NASDAQ:TIG ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Garrett Edson - ICR Julie Baron - President & Chief Executive Officer Nick Vassallo - Chief Financial Officer Conference Call Participants Pablo Singzon - JPMorgan Operator Greetings, and welcome to the Trean Insurance Group Inc. Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

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