Two years ago, Patriot National looked very different. It was a subsidiary of a larger insurance company and had become entangled in efforts to chase down unpaid workers’ compensation premiums from professional employer organizations that eventually led to the collapse of a separate carrier.
Fast forward to 2015, and Patriot National has performed an abrupt about-face. The company has become its own corporate entity, entered into the stock market and performed 13 acquisitions in less than a year — with indications that it will continue to add more subsidiaries.
On Wednesday, ...
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