JRG Re sale price dispute resolved: only $483,625 adjustment, far below Fleming's $54.1M claim

James River Group Holdings, Inc.

Independent Accounting Firm ruled on disputed items from JRG Re sale: $483,625 downward adjustment, vs. Fleming's $54.1M claim.
Company had asserted no adjustment was warranted based on known facts and agreement terms.
The determination is final, binding, and conclusive per the Stock Purchase Agreement.
Company will record the $483,625 as additional loss on sale within discontinued operations in Q1 2025 results.

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