Announced
Synopsis
Old Republic, a Chicago-based specialty insurer, agreed to acquire Everett Cash Mutual, an insurer specializing in small farmowners and select commercial agricultural operations. Financial terms were not disclosed. "With ECM's 'narrow & deep' expertise in the farmowners and commercial agricultural market and their commitment to underwriting excellence, there is a strong strategic and cultural fit with ORI's portfolio of specialty companies. We welcome Randy Shaw, his team, and his customers to Old Republic and look forward to sustained profitable growth," Craig R. Smiddy, Old Republic President & CEO.
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