Capital Insurance Group is now a member of the Auto-Owners Insurance group of companies after regulatory approvals were cleared and closing documents were signed this week.
CIG in February entered into an agreement to be acquired by Lansing, Mich. based Auto-Owners Insurance.
CIG is a leading regional property/casualty insurer that provides a range of customized coverage for commercial, personal, and agricultural lines in California, Washington, Oregon, Nevada, and Arizona.
Auto-Owners operates solely through independent agencies and also owns a life insurance company, an excess and surplus lines company, and is affiliated with Concord General Mutual Insurance Co. in the Northeastern U.S.
Related:
- Capital Insurance Group in California Officially Acquired by Auto-Owners Insurance
- Auto-Owners to Acquire Capital Insurance Group in California
Topics Mergers & Acquisitions California Auto
Was this article valuable?
Here are more articles you may enjoy.
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In 
Baldwin Group to Go Private After $7.7B Investment Deal 
Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market 
Seven Charged in $100 Million Workers’ Comp Fraud in Florida 
