Patriot National Buys Corporate Claims Management

(RTTNews) - Patriot National, Inc. (PN) said Friday that it has bought Missouri-based Corporate Claims Management, Inc., a multi-line provider of claims administration.

Corporate Claims Management provides insurance claims administration services to self-insureds and large-deductible plans nationally for general, auto, and product liability, and services the Midwest for workers' compensation. It also has expertise in Medicare Secondary Payer Act compliance and turnkey MMSEA reporting platforms across all casualty and workers' compensation coverage lines.

Corporate Claims Management, which had 2014 revenues of $6.5 million, will become part of the Patriot Risk Services subsidiary.

Fort Lauderdale, Florida-based Patriot National went public in January.