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You are here: Home / News / Allstate Closes National General Acquisition

Allstate Closes National General Acquisition

January 5, 2021 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) announced that it closed its  previously announced $4 billion acquisition of National General Holdings Corp.

Allstate logo“The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share. Independent agents will now have more protection offerings for customers, with a strong technology platform creating growth opportunities for them and Allstate. National General’s accident and health business will also further expand Allstate’s circle of protection,” said Tom Wilson, chair, president and CEO of The Allstate Corporation.

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Filed Under: News Tagged With: Acquisitions, Allstate Insurance, National General

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