National Lloyds sale pulled

The proposed sale of Texas-based homeowners' specialist
National Lloyds has been scrapped after owner Hilltop Holdings was
unable to secure the price it was looking for, The
Insurance Insider understands.
In October, this publication
revealed that the Dallas-based, New York-listed financial
services company had instructed investment bank Sandler O'Neill
to handle the sale of the insurance business.
But now it is understood that the process has been halted after
Hilltop could not obtain the price