Old Republic International (ORI) has shared an announcement.
Old Republic International Corporation has successfully sold its discontinued mortgage insurance segment to Arch Capital Group Ltd as of June 3, 2024. This strategic move is not considered legally binding under Section 18 of the Securities Exchange Act of 1934, nor will it influence any liabilities thereunder. It’s an important note for investors and market watchers, reflecting a shift in Old Republic’s business focus and potentially impacting its future filings and financial structure.
For an in-depth examination of ORI stock, go to TipRanks’ Stock Analysis page.