Patriot National begins strategic review

The board of outsourced (re)insurance services provider Patriot
National has announced a strategic review of the company nearly two
months after it missed an extended deadline to file its 2016
results.
In a statement released today PatNat said the board had formed a
committee of independent directors to "explore and review a
range of strategic alternatives for the company".
However, it warned there was no guarantee the review would result
in strategic alternatives being "announced or
consummated