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    Humana Inc.

    A Locke Lord team led by David Kendall and Jon Biasetti (both of Chicago), assisted by Sean Fifield (Los Angeles), Tim Farber and Rebecca Hemmings (both of Chicago), represented Humana Inc. in its definitive agreement to sell the stock of its wholly owned subsidiary, KMG America Corporation (KMG), to Continental General Insurance Company (CGIC), a Texas-based insurance company wholly owned by HC2 Holdings, Inc., a diversified holding company. According to the press release, the transaction is expected to benefit policyholders given CGIC’s significant experience with, and concentrated focus on, the commercial long-term care insurance market. For more information, please see the press release.
    Posted November 7, 2017

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