Articles > Popular publications > PR Newswire press releases > April-June 1996 > Friday, May 3

Article: ALLSTATE TO BUY BUSINESS INTERESTS OF ALL NATION INSURANCE COMPANY

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PR Newswire
Article date:
May 3, 1996
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NORHTBROOK, Ill., May 3 /PRNewswire/ -- Allstate Insurance Company today announced it will acquire, pending regulatory approval, the independent agent contracts and associated premium held by All Nation Insurance Company. All Nation specializes in non-standard auto business and markets its product through a network of more than 1,650 independent agencies in 11 states. All Nation is domiciled in Minnesota and is owned by Michigan-based First Mercury Financial Corporation.

Deerbrook Insurance Company, a separate company wholly owned by Allstate Insurance Company, will be responsible for the successful completion of this transaction. Deerbrook sells non-standard auto ...

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