VR Insurance completed the acquisition of The National Security Group for $41m.

VR Insurance, a holding company for insurance and financial services businesses, completed the acquisition of The National Security Group, an insurance company, for $41m. “We believe this transaction is in the best interest of NSG’s shareholders and policyholders. By combining our 75-year history of stability, underwriting expertise and commitment to our policyholders with the financial resources of the investor group led by Mr. Ranadivé, we expect to realize greater opportunities for growth and an enhanced ability to serve our policyholders and agent partners," William L. Brunson, NSG CEO.