Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) has completed its purchase of Partners General Insurance Agency (PGIA), a managing general underwriter specializing in excess and surplus lines general liability and excess liability insurance.
With offices in California, Illinois and Massachusetts, PGIA began operations in 2001 and now administers programs in all 50 states through a network of surplus lines wholesale insurance brokers.
PGIA has been underwriting business through State Auto’s specialty subsidiary Rockhill Insurance Co. since 2011, and will continue to do so with no change in underwriting approach or operations.
Source: State Automobile Mutual Insurance Co.
Topics Mergers & Acquisitions Auto
Was this article valuable?
Here are more articles you may enjoy.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
