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Jan 4, 2021 · NORTHBROOK, Ill., Jan. 4, 2021 – The Allstate Corporation (NYSE: ALL) today announced that it closed its $4 billion acquisition of National General Holdings Corp. “The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share.
National General Insurance, formerly the GMAC Insurance Group is a Winston-Salem, North Carolina-based property and casualty insurance company. The company was founded in 1920. The company is the only insurance company in the United States to originate within the automotive industry.
Jul 9, 2020 · Yesterday, Allstate announced that it has reached a deal to acquire National General Holdings Corp. for a deal reported to total nearly $4 billion. When the transaction closes in early 2021, pending regulatory approval and other closing conditions, Allstate will become the fifth largest independent agency carrier.
Jan 4, 2021 · National General traces its roots to 1939, has a financial strength rating of A- (excellent) from A.M. Best, and provides personal and commercial automobile, homeowners, umbrella, recreational...
Jul 7, 2020 · National General's shareholders will receive $32 per share in cash and closing dividends of $2.50 per share for each share held.
Jul 8, 2020 · U.S. Insurer Allstate Corp. said on Tuesday it will buy National General Holdings Corp. for about $4 billion in cash, scaling up its auto insurance.
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Jul 8, 2020 · Allstate Corporation, the largest publicly held personal lines property and casualty insurer in America, has announced the acquisition of National General Holdings Corp for approximately $4...
