Virginia Farm Bureau Acquires Countryway

May 11, 2011

Virginia Farm Bureau Mutual Insurance Co. has acquired New York-based Countryway Insurance Co.

Countryway has premiums in excess of $33 million and operates primarily in rural New England, New York, New Jersey, Pennsylvania, Kentucky and Virginia. The company will remain headquartered in Syracuse. The insurer offers farm, home and auto insurance products in 10 states through more than 380 independent agencies.

Virginia Farm Bureau purchased 100 percent of Countryway’s stock from United Farm Family Mutual Insurance Co., doing business as Indiana Farm Bureau Insurance.

Virginia Farm Bureau is the largest domestic writer of property and casualty insurance and the largest writer of farm insurance products in Virginia.

Topics Mergers & Acquisitions Virginia Agribusiness

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