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NSM Insurance completes sale of commercial insurance division

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NSM Insurance completes sale of commercial insurance division

The deal includes 15 insurance programs across accident and health, property/casualty, and reinsurance, along with the retail agency NSM Insurance Brokers, the company said in a statement. As part of the transition, NSM’s operations will be split into two distinct entities. New brand identities will be introduced for both the U.S. commercial and direct-to-consumer businesses, though no timeline for the rebranding was disclosed.

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