Flash Report: Employers Direct Acquired

Turning an original investment of $55 million into $195 million in just under five years James "Jim" Little and his management team and directors have 'entered into a definitive agreement' to sell Employers Direct Insurance Company to Allegany Corporation subject to regulatory approvals. Little's team includes CFO Ron Groden and VP Marketing Douglas Helm. It is the story of a successful insurance carrier start-up entering its next phase.