NU Online News Service, Oct. 2, 2003, 6:13 p.m. EST – The National Underwriter Company, Erlanger, Ky., and Highline Media L.L.C. today completed a definitive merger agreement. Terms of the transaction were not disclosed.
The merger agreement was first announced Sept. 5. NUCO, which had been owned by an employee stock ownership plan, put the merger to a shareholder vote. Highline received more than 96% of the votes cast.
NUCO, formed in 1897, publishes the National Underwriter Life & Health/Financial Services weekly news magazine, the National Underwriter Property & Casualty/Risk & Benefits Management weekly news magazine and the NU Online News Service. The company also publishes three monthly magazines: Claims, Tech Decisions and Florida Underwriter.
Other NUCO products include many books and subscription-based information services, such as the Fire, Casualty and Surety Bulletins and the Advanced Sales and Reference Service. The company also organizes live events, including the ACE/SCLA claims conference and TechDec.