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LODESTAR LAUNCHES AS INDEPENDENT BRAND FOR OLD REPUBLIC'S THIRD-PARTY ADMINISTRATOR BUSINESS

ORI
  • Old Republic International Corporation launched Lodestar Claims & Risk Services, Inc. as an independent brand & standalone operating company on April 13, 2026.
  • This marks the first time in over 30 years that the organization's third-party administrator (TPA) business operates with a distinct identity.
  • Lodestar previously operated as the TPA division of PMA Companies before this transition.
  • The company ranks as a top 10 national TPA providing claims administration & risk services to middle-market & large employers, national carriers, & distribution partners across all 50 states.
  • The strategic decision aims to position the TPA business for continued growth & expanded market visibility while strengthening client relationships.
  • Craig Smiddy, CEO of Old Republic, stated the move reflects a commitment to long-term success & strengthens the brand's ability to grow as a national TPA.
  • Michael MacAulay, President of Lodestar, noted that the standalone structure allows the organization to define its market role while leveraging over three decades of experience.
  • Lodestar's operations, leadership team, service model, & client teams remain unchanged following the rebranding.