DLA Piper represents Florida Blue in its agreement to sell OptaComp

DLA Piper has represented Blue Cross & Blue Shield of Florida (Florida Blue) in its agreement to sell affiliate Comp Options Insurance Company (OptaComp) to AmTrust Financial Services. The deal is expected to close in autumn 2014.

OptaComp is a Florida-based workers’ compensation insurer that works with small businesses with low-hazard risk profiles.

The DLA Piper team representing Florida Blue included Jackie Hodes and Jeffrey Musaffi (Miami); Gerald Rokoff, David Luce, Michael Greenberg, Brittani Yriarte and Carla Small (New York); and Rita Patel (Washington DC).