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You are here: Home / Archives for Commercial Auto Insurance

NJM Expands Business Insurance into Pennsylvania

June 16, 2021 By CollisionWeek Editor

NJM Insurance Group is now writing businessowners policies, corresponding excess and umbrella policies, and commercial auto policies in Pennsylvania. “NJM has earned a reputation as a company committed to fulfilling the insurance needs of its policyholders with the highest levels of service,” said Mitch Livingston, NJM president and CEO. “We are thrilled to bring our […]

Filed Under: News Tagged With: Commercial Auto Insurance, NJM Insurance Company, Openings, Pennsylvania

Progressive Acquires Commercial Auto Insurer Protective Insurance

February 16, 2021 By CollisionWeek Editor

The Progressive Corporation (NYSE: PGR) and Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB) announced that they have entered into an agreement for Progressive to acquire all of the outstanding Class A and Class B common shares of Protective for $23.30 per share in cash, for a total transaction value of approximately $338 million. The acquisition […]

Filed Under: News Tagged With: Acquisitions, Commercial Auto Insurance, Progressive Insurance

Hartford Acquires Commercial Independent Agent Business Of Foremost Insurance

February 21, 2018 By CollisionWeek Editor

The Hartford announced it has entered into a renewal rights agreement with the Farmers Exchanges to acquire its Foremost-branded small commercial business sold through independent agents. The Hartford Insurance Group was the 14th largest commercial auto insurer in the U.S. with over $603 million in direct premiums written in 2016. The Foremost-branded small commercial independent […]

Filed Under: News Tagged With: Acquisitions, Commercial Auto Insurance, Farmers Insurance, Foremost Insurance, The Hartford

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