From GlobeNewswire: 2024-05-20 08:29:00

Richmond National Group, Inc. successfully raised $55 million in common equity capital from existing shareholders to support growth. This brings the total raised to over $155 million since 2021. President Joe Kavanagh expressed excitement for future opportunities, while Board Chair Wellford Tabor praised the company’s progress. Director Trey Sheridan commended the team’s success in building a high-quality business. Richmond National Group, Inc. is the holding company for Richmond National Insurance Company, rated A- by A.M. Best Company. For more information, visit www.richmondnational.com.



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