Today, Life & Specialty Ventures (LSV) and Cambia Health Solutions (Cambia) announced that they reached another significant milestone toward closing on the transaction that will solidify their partnership. They received regulatory approval from the Oregon Department of Consumer and Business Services, Division of Financial Regulation on the acquisition of LifeMap and the reinsurance of the Regence dental business. In October, Cambia received approval from the Arkansas Department of Insurance on its acquisition of ownership interest of LSV. With these regulatory approvals now secure, the two companies are focusing on finalizing the processes required for successful integration of the LifeMap and Regence business.
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