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Just heard that Centene paid $80 million to purchase the Celtic Group that owns Celtic Insurance. No major changes----will continue operations as Celtic Insurance.
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This acquisition is new territory for Centene. They'll probably market heavily and blast 12 month advances. If they did, they only compete with Assurant on this basis. Celtic was always pretty solid but I reckon they never blew up because they would not advance. We'll see.
How are they in business at all? Who sells this and why?