company acquisition 2014 News

Progressive Insurance Acquiring Homeowners Group ASI for $875M

Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and other property/casualty coverages in about half the states nationwide. The Progressive …

UPC Insurance to Acquire Family Security Holdings

United Insurance Holdings Corp. (UPC Insurance) said it plans to acquire Family Security Holdings LLC for $9 million. The transaction is expected to close by Jan. 31, 2015. FSH is an insurance holding company with two wholly owned subsidiaries, Family …