Zurich Insurance-backed Farmers Group to acquire Kraft Lake Insurance Agency, Western Star Insurance Services and Farmers General Insurance Agency for $760m.

Zurich Insurance-backed Farmers Group to acquire Kraft Lake Insurance Agency, Western Star Insurance Services and Farmers General Insurance Agency for $760m. "The brokerages will enable the Farmers Exchanges to create a more attractive customer proposition with a broader and more compelling range of products and services which are expected to improve customer retention and new customer acquisition," Zurich Insurance.