Safeco to Take Main Street America’s Personal Lines Book
The deal enables Safeco to grow its personal lines presence in 22 states as Main Street America shifts to focus exclusively on commercial lines.
News
Lemonade to Acquire Metromile
Lemonade will acquire auto insurer Metromile in an all-stock transaction for just over $200 million net of cash.
Liberty Mutual to Acquire State Auto
The deal is anticipated to make Liberty Mutual the second largest independent agency carrier in the U.S., adding $2.3 billion in premium and State Auto’s network of approximately 3,400 independent agencies.
Allstate to Acquire SafeAuto, Progressive Finalize Protective Deal
The acquisition will allow SafeAuto to grow its platform in the non-standard space. Additionally, Progressive finalized the acquisition of transportation insurer Protective Insurance Corp. ahead of schedule.
Allstate to Acquire National General in $4 Billion Deal
When the transaction closes in early 2021, Allstate will become the fifth largest independent agency carrier.
