Tiptree Announces Shareholder Approval of Proposed Merger of Fortegra and DB Insurance
Tiptree Inc. (
NASDAQ: TIPT) (the “Company” or “Tiptree”) today announced that, at the Company’s Special Meeting of Shareholders (the “Special Meeting”), Tiptree shareholders approved the previously announced Agreement and Plan of Merger (the “Merger Agreement”) by and among Tiptree, The Fortegra Group, Inc. (“Fortegra”) and DB Insurance Co., Ltd. (“DB”), providing for the acquisition by DB of all of the outstanding stock of Fortegra in an all-cash deal by means of a merger of a wholly owned subsidiary of DB with and into Fortegra with Fortegra surviving as a wholly owned subsidiary of DB (the “Merger” and, such proposal, the “Merger Proposal”).
Veradace Partners Reminds Tiptree Shareholders to Vote AGAINST Management’s Self-Interested Sale of Fortegra
Veradace Partners L.P. (collectively with its affiliates, “Veradace” or “we”), a significant shareholder of Tiptree Inc. (Nasdaq: TIPT) (“Tiptree” or the “Company”), with beneficial ownership of 5.1% of the outstanding common stock, today issued the following letter to fellow TIPT shareholders regarding its opposition to the proposed sale (the “Proposed Sale”) of the Fortegra Group (“Fortegra”) to DB Insurance (“DB Insurance”).
Leading Proxy Advisory Firms Glass Lewis and Egan-Jones Recommend Tiptree Shareholders Vote AGAINST the Proposed Sale of Fortegra to DB Insurance
Veradace Partners L.P. (collectively with its affiliates, “Veradace” or “we”), a significant shareholder of Tiptree Inc. (Nasdaq: TIPT) (“Tiptree” or the “Company”), with beneficial ownership of 5.1% of the outstanding common stock, today announced that Glass, Lewis & Co. (“Glass Lewis”) and Egan-Jones Ratings Company ("Egan-Jones"), recommended that Tiptree shareholders vote AGAINST the Company’s proposed sale of The Fortegra Group, Inc. (“Fortegra”) to DB Insurance Co., Ltd. (“DB Insurance”) at the Company’s Special Meeting of Stockholders (the “Special Meeting”) scheduled for December 3, 2025.
Institutional Shareholder Services (ISS) Recommend Tiptree Stockholders Vote “FOR” the Merger of Fortegra and DB Insurance
Tiptree Inc. (
NASDAQ: TIPT) today announced that Institutional Shareholder Services Inc. (“ISS”), the leading independent proxy advisory firm, has recommended that Tiptree stockholders vote “FOR” the approval of the Agreement and Plan of Merger (the “Merger Agreement”) by and among Tiptree, The Fortegra Group, Inc. (“Fortegra”) and DB Insurance Co., Ltd. (“DB”), providing for the acquisition by DB of all of the outstanding stock of Fortegra in an all-cash deal (the “Merger Proposal”).
Veradace Partners Issues Presentation Detailing Why Tiptree Shareholders Should Vote “AGAINST” the Deeply Flawed Proposed Sale of Fortegra to DB Insurance
Veradace Partners L.P. (collectively with its affiliates, “Veradace” or “we”), a significant shareholder of Tiptree Inc. (Nasdaq: TIPT) (“Tiptree” or the “Company”), with beneficial ownership of 5.0% of the outstanding common stock, today issued a presentation detailing why shareholders should reject the Company’s proposed sale (the “Proposed Transaction”) of The Fortegra Group, Inc. (“Fortegra”) to DB Insurance Co., Ltd. (“DB Insurance”). Veradace urges shareholders to vote AGAINST the transaction at the Company’s Special Meeting of Stockholders scheduled for December 3, 2025.
Veradace Partners Issues Letter to Tiptree Shareholders Regarding the Proposed Sale of Fortegra to DB Insurance
Veradace Partners L.P. (collectively with its affiliates, “Veradace” or “we”), a significant shareholder of Tiptree Inc. (Nasdaq: TIPT) (“Tiptree” or the “Company”), with beneficial ownership of 5.0% of the outstanding common stock, today issued an open letter to fellow Tiptree shareholders regarding its opposition to the proposed sale of The Fortegra Group, Inc. (“Fortegra”). Veradace urges shareholders to vote AGAINST the transaction at the Company’s Special Meeting of Stockholders scheduled for December 3, 2025. The full text of the letter is below.
Tiptree Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Tiptree Inc. - TIPT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tiptree Inc.’s (“the “Company”) (NasdaqCM: TIPT) subsidiary, The Fortegra Group, Inc., to DB Insurance Co., Ltd. for approximately $1.65 billion in cash. KSF is seeking to determine whether the transaction and the process that led to it are adequate and fair to the Company’s shareholders.
Tiptree Announces Third Quarter 2025 Results and Sale of Reliance First Capital
Tiptree Inc. (
NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three and nine months ended September 30, 2025.
SHAREHOLDER RIGHTS ALERT: Halper Sadeh LLC Investigates TIPT, SMLR, FITB on Behalf of ShareholdersNEW YORK, Oct. 18, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Fortegra Establishes Presence in Lloyd's Underwriting Room
Fortegra Group, Inc. ("Fortegra" or "the Company"), a global specialty insurer and subsidiary of Tiptree Inc. (
NASDAQ: TIPT), today announced it has secured a box in the underwriting room at Lloyd's.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HFWA, FSFG, TIPT on Behalf of ShareholdersNEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
TIPTREE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Tiptree Inc. - TIPT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tiptree Inc.’s (“the “Company”) (NasdaqCM: TIPT) subsidiary, The Fortegra Group, Inc., to DB Insurance Co., Ltd. for approximately $1.65 billion in cash. KSF is seeking to determine whether the transaction and the process that led to it are adequate and fair to the Company’s shareholders.
TIPT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Tiptree Inc.’s Subsidiary, The Fortegra Group, Inc., Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Tiptree Inc.’s (
NASDAQ: TIPT) subsidiary, The Fortegra Group, Inc., to DB Insurance Co., Ltd. for approximately $1.65 billion in cash is fair to Tiptree shareholders.
DB Insurance to Acquire U.S.-based Insurer Fortegra
DB Insurance Co., Ltd. (“DB Insurance”) (CEO Jong-Pyo Jeong), Tiptree Inc. (
NASDAQ: TIPT) (“Tiptree”) and Warburg Pincus LLC (“Warburg Pincus”) announced today that the parties have signed an agreement for DB Insurance to acquire 100% of the outstanding shares of The Fortegra Group, Inc. (“Fortegra”), a U.S.-based specialty insurer, for approximately $1.65 billion (approximately KRW 2.3 trillion) in cash from Tiptree and Warburg Pincus. The transaction will be funded in cash with internal resources from DB Insurance. The transaction will mark the largest U.S. market entry by a Korean non-life insurer.
Tiptree Announces Second Quarter 2025 Results
Tiptree Inc. (
NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three and six months ended June 30, 2025.
Tiptree Announces First Quarter 2025 Results
Tiptree Inc. (
NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the first quarter 2025.
AM Best Affirms Credit Ratings of The Fortegra Group, Inc.’s Insurance Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of the operating subsidiaries of The Fortegra Group, Inc. (Fortegra) (headquartered in Jacksonville, FL). Fortegra is a wholly owned subsidiary of its publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. The property/casualty (P/C) operating subsidiaries of Fortegra include Lyndon Southern Insurance Company (Wilmington, DE); Insurance Company of the South (Athens, GA); Response Indemnity Company of California (Redondo Beach, CA); Blue Ridge Indemnity Company (Wilmington, DE); Fortegra Specialty Insurance Company (Scottsdale, AZ); and Fortegra Europe Insurance Company SE (Malta). These companies are collectively referred to as Fortegra P&C Group (the P/C group). The outlook of these Credit Ratings (ratings) is stable.
Tiptree Announces Fourth Quarter 2024 Results
Tiptree Inc. (
NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three months and year ended December 31, 2024.
Tiptree Inc. Announces Tax Treatment of 2024 Common Stock Distributions
Tiptree Inc. (
NASDAQ: TIPT) announced the income tax treatment of its 2024 common stock distribution payments. Total 2024 distributions to common stockholders were $0.49 per share and are considered return of capital, as set forth below.
Tiptree Announces Declaration of a Special Dividend
Tiptree Inc. (
NASDAQ:TIPT) (the “Company”), today announced that its board of directors (the “Board”) has approved the declaration and distribution of a special cash dividend (the “Special Dividend”) of $0.25 per share of Tiptree Inc. Common Stock.
Tiptree Announces Third Quarter 2024 Results
Tiptree Inc. (
NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three and nine months ended September 30, 2024.
