May 15, 2019
Corporate
Clear Spring Health Completes Acquisition of Community Care Alliance of Illinois
Chicago, IL - Clear Spring Health (“CSH”) is pleased to announce that its acquisition of Community Care Alliance of Illinois, NFP (“CCAI”) has received regulatory approval from Illinois regulators, the supervising Circuit Court, and federal regulators. The acquisition ensures continuing coverage and service to all CCAI policyholders.
CCAI will continue to operate from its current location, but will now be a part of the Clear Spring Health organization and brand, effective immediately. This will not impact existing policyholders who will continue to be covered and access services as normal.
“We’re committed to making this transition as seamless as possible from both customer service and operational standpoints,” said Arthur Carlos, President & CEO of Clear Spring Health. “That means continued coverage for all policyholders, without any changes to their medical or prescription coverage, including which providers and pharmacies they can access.”
This acquisition is another step in CSH’s growth strategy, which is based around developing innovative and intuitive products that empower customers and strengthen communities. It also ties into the mission of CSH’s parent company, Group1001,...
Apr 4, 2019
Corporate
Clear Spring Health to Acquire Community Care Alliance of Illinois
Chicago, IL – Clear Spring Health (“CSH”) is pleased to announce an agreement in principle to acquire and re-capitalize Community Care Alliance of Illinois, NFP (“CCAI”) out of rehabilitation. Once completed, this proposed agreement will ensure continuing coverage and service to all CCAI policyholders.
CSH is committed...
Apr 1, 2019
Corporate
Group1001 Completes Acquisition of Lackawanna Insurance Group
Press Release - Wilkes-Barre, Pennsylvania, April 1, 2019
Today, GROUP1001 has received formal regulatory approval to complete the acquisition of Lackawanna Casualty Company and its wholly-owned subsidiaries, Lackawanna American Insurance Company and Lackawanna National Insurance Company, together known as “Lackawanna ...
Nov 15, 2018
Corporate
Group1001 Acquires Lackawanna Insurance Group
Press Release - Wilkes-Barre, PA
Group1001 announced today it will acquire 100% of Lackawanna Casualty Company and its wholly-owned subsidiaries, Lackawanna American Insurance Company and Lackawanna National Insurance Company, together known as “Lackawanna Insurance Group.”
Lackawanna is currently the 7th largest writer ...
Oct 24, 2018
Corporate
Group1001 launches Relay®
Introducing a New Financial Product to Reward Smart Spending Habits with Incredible Cash-Back
Group1001 has unveiled today Relay®, a revolutionary financial product that rewards goal-oriented consumers with incredible cash-back on everyday expenses. Relay’s bold new insurtech offering couples an immediate annuity, issue...
Sep 30, 2018
Corporate
Ask The CMO: Andres Barragan on driving all of marketing through the lens of experience
Consumers are much more informed and no longer as open to being sold. We believe that education and youth sports have the power to transform lives and communities.
September 30, 2018
Sep 5, 2018
Corporate
Group1001 launches
Press release
Group1001 was launched today as a newly rebranded insurance group in the United States. The group is a privately-owned insurance business with approximately 340,000 policyholders and $37 billion in assets. The rebranded group includes Delaware Life Insurance Company and Delaware Life Insurance Company of N...
