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Octave's Everspan agrees to sell Providence Washington Insurance to Falvey Insurance Group

PUBT·10/23/2026 12:31:04
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Octave's Everspan agrees to sell Providence Washington Insurance to Falvey Insurance Group
  • Everspan, a wholly owned subsidiary of Octave Specialty Group, agreed to sell Providence Washington Insurance Company to Falvey Insurance Group.
  • The sale is expected to increase Everspan's tangible book value by approximately $11 million while reducing operating costs without diminishing capabilities.
  • Providence Washington is a Rhode Island-domiciled insurer that Everspan acquired in 2021.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Octave Specialty Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261023338845) on October 23, 2026, and is solely responsible for the information contained therein.