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People's United Financial

Close the sale of People’s United Insurance Agency to AssuredPartners

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
23 Oct 2020
Due
31 Dec 2020
Delivered
2 Nov 2020
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Sale of People’s United Insurance Agency to AssuredPartners announced; expected to close in the fourth quarter.”

What we found

Evidence strength A What the grades mean

People's United Financial completed the sale of its insurance agency to AssuredPartners on November 2, 2020, within the fourth quarter deadline.

  • A
    People's United Financial 10-K filed 2021-03-01 Regulatory filing · published 1 Mar 2021 · retrieved 21 Oct 2026 · kept permanently by the SEC · fingerprint 68370d4d159c
    “On November 2, 2020, the Bank completed its sale of People’s United Insurance Agency, Inc. (“PUIA”) to AssuredPartners in an all-cash transaction for $120 million.” ✓ confirmed on the page

Checked 21 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Acquisition close
Indicative materiality
High rules
Action
Close
Deliverable
People’s United Insurance Agency sale
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
High
Depends on
Counterparty

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2020-C378946-019080 · Corrections policy

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