Farmers To Buy AIG’s Personal Auto Group
Posted by Benji Riggins on May 27, 2009 under Insurance News | 
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Farmrs Insurance Group of Companies is buying American International Group’s Personal auto Group.
The acquisitions price is $1.9 billion and is expected to close no later than the third quarter of 2009.
This acquisition by the Farmers Group will position Farmers as the third-largest over-all, personal lines insurer in the U.S. and as the largest auto insurer in several states..
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