NASHVILLE, TN / ACCESSWIRE / December 4, 2023 / First Acceptance Corporation (OTCQX:FACO) today announced that, on December 1, 2023, it sold its wholly owned subsidiary, Acceptance Insurance Agency of ...

Banks with insurance businesses had a choice to make in 2023: hang onto those units and keep reeling in a steady stream of fee income, or sell them for a lot of money. Several banks chose the latter ...

Since last fall, M&T Bank, Truist Financial and Eastern Bancshares have sold all or part of their insurance subsidiaries. The question now is whether other banks will follow suit. There was a time ...