Announced
Financials
Sources
Tags
United States
Pending
Private
Property and Casualty Insurance
Domestic
Friendly
Single Bidder
Majority
Acquisition
auto insurance
Synopsis
Allstate, an American insurance company, agreed to acquire SafeAuto Insurance, a non-standard auto insurance carrier, for $300m. "The acquisition and integration capabilities of National General, combined with the backing and capital of Allstate, will enable us to serve more customers," Ron Davies, SafeAuto CEO.
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