Claims files often describe settlement as a sequence: obtain authority, communicate acceptance, issue the check, secure the release and close the claim. Operationally, that sequence makes sense. Legally, however, the decisive event may occur much earlier — when the insurer …
GTCR, Elliott Acquire Software Firm CCC for $4.6 Billion
GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings Inc. for about $4.6 billion. Under the terms of the agreement,