July 27, 2017 1:57 PM ET

Insurance

Company Overview of National Interstate Corporation

Company Overview

National Interstate Corporation, together with its subsidiaries, operates as a specialty property and casualty insurance company primarily in the United States. It underwrites and sells traditional and alternative property and casualty insurance products principally to the passenger transportation, trucking and moving, and storage industries; general commercial insurance to small businesses in Hawaii and Alaska; and personal insurance to owners of recreational vehicles. The company also underwrites, markets, and distributes truck and passenger transportation, and moving and storage alternative risk transfer insurance products; and provides commercial auto liability, general liability, physic...

3250 Interstate Drive

Richfield, OH 44286

United States

Founded in 1989

704 Employees

Phone:

330-659-8900

Fax:

330-659-8909

Key Executives for National Interstate Corporation

Chief Executive Officer and President
Age: 44
Chief Financial Officer, Vice President and Treasurer
Age: 53
Chief Investment Officer and Vice President
Age: 60
Senior Vice President, General Counsel and Secretary
Age: 57
Senior Vice President
Age: 67
Compensation as of Fiscal Year 2017.

National Interstate Corporation Key Developments

National Interstate Corporation Files Form 15

National Interstate Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common shares under the Securities Exchange Act of 1934, as amended.

National Interstate Corporation Announces Board Changes

In connection with the Merger and at the Effective Time, all members of the National Interstate Corporation’s Board of Directors (Joseph E. Consolino, Ronald J. Brichler, I. John Cholnoky, Patrick J. Denzer, Gary J. Gruber, Donald D. Larson, Tony J. Mercurio, David W. Michelson, Norman L. Rosenthal, Donald W. Schwegman and Alan R. Spachman) resigned from the Company’s Board of Directors as of the Effective Time. Additionally, the directors of Merger Sub immediately prior to the Effective Time (Ronald J. Brichler, Joseph E. Consolino, Gary J. Gruber and Donald D. Larson) became the directors of the surviving corporation immediately after the Effective Time, and the officers of the Company immediately prior to the Effective Time became the officers of the surviving corporation immediately after the Effective Time.

NASDAQ To File With SEC Form 25 To Delist Common Shares Of National Interstate Corporation

On November 10, 2016, National Interstate Corporation (Company) completed the previously announced merger (Merger) of GAIC Alloy, Inc. (Merger Sub) with and into the Company, whereby the separate corporate existence of Merger Sub ceased and the Company became a wholly-owned subsidiary of Great American Insurance Company (Parent). On November 10, 2016, in connection with the completion of the Merger, the Company notified The NASDAQ Stock Market LLC (NASDAQ) of the completion of the Merger and requested that trading in the Common Shares be suspended and that the Common Shares be withdrawn from listing on the NASDAQ Global Select Market. The Company also requested that NASDAQ file a notification of removal from listing on Form 25 with the U.S. Securities and Exchange Commission (SEC) with respect to the Common Shares to report the delisting of the Common Shares from the NASDAQ Global Select Market and suspend trading of the Common Shares on the NASDAQ Global Select Market as of the close of trading on November 10, 2016. The Company intends to file with the SEC a certificate and notice of termination on Form 15 with respect to the Common Shares, requesting that the Common Shares be deregistered under the Securities Exchange Act of 1934, as amended (Exchange Act), and that the reporting obligations of the Company with respect to the Common Shares under Sections 13 and 15(d) of the Exchange Act be suspended.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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