Zacks Investment Research downgraded shares of FORTEGA FIN CP (FRF) from OUTPERFORM to NEUTRAL on October 14, 2014, with a target price of $10.60.
Fortegra Financial Corporation operates as an insurance company providing distribution and administration services and insurance-related products to insurance companies, insurance brokers and agents and other financial services companies in the United States. The company operates in three business segments- Payment Protection, BPO and Wholesale Brokerage. Payment Protection segment delivers credit insurance, debt protection, warranty, service contract and car club solutions along with administrative services. Business process outsourcing (BPO) segment administrative services including ongoing sales and marketing support, electronic underwriting, premium billing and collections, policy administration, claims adjudication and call center management services. Wholesale Brokerage business provides various commercial insurance coverage outside core areas of focus, broader access to insurance markets and the expertise to place complex risks. Fortegra Financial Corporation is based in Jackson
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