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Meadowbrook Seeks more Time to File 10-Q with SEC

Tuesday, August 13, 2013 | 0

Meadowbrook Insurance Group is seeking additional time to file its Form 10-Q with the Securities and Exchange Commission.The insurer, which suffered a ratings downgrade from A.M. Best, has requested that it be allowed to file the 10-Q by Aug. 14.The Southfield, Mich.-based insurer said it needs the additional time to estimate the impact on its goodwill resulting from the A.M. Best downgrade on Aug. 2. The downgrade triggered an evaluation of the company’s goodwill in order to determine if a noncash goodwill impairment charge needs to be recognized in the second quarter.Karen Spaun, chief...

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