Automobile Club of Southern California to acquire Wawanesa General Insurance Company from Wawanesa Mutual Insurance Company..

Automobile Club of Southern California, the largest member of the AAA federation of motor clubs, agreed to acquire Wawanesa General Insurance Company, a direct-to-consumer insurance company, from Wawanesa Mutual Insurance Company, a Canadian mutual insurance firm. Financial terms were not disclosed. “The acquisition presents a unique opportunity for the Auto Club to acquire a longstanding California-based insurance company that shares the Auto Club’s member-centric culture and focus on superior member satisfaction and competitive prices. We’re also excited about the opportunity to welcome Wawanesa General’s experienced and dedicated employees to the Auto Club family,” John Boyle, Auto Club President & CEO.