Å˽ðÁ«´«Ã½Ó³»­

State Automobile Mutual Å˽ðÁ«´«Ã½Ó³»­ Co. of Columbus, Ohio, has completed its purchase of Rockhill Å˽ðÁ«´«Ã½Ó³»­ Group of Kansas City, Mo.

Rockhill writes approximately $120 million in specialty property and casualty direct written premium through four insurance company subsidiaries: Rockhill Å˽ðÁ«´«Ã½Ó³»­ Co., Plaza Å˽ðÁ«´«Ã½Ó³»­ Co., American Compensation Å˽ðÁ«´«Ã½Ó³»­ Co., and Bloomington Compensation Å˽ðÁ«´«Ã½Ó³»­ Co.. Key business segments include commercial property, general liability for residential construction, commercial umbrella, surety, program, professional and environmental; RTW, a monoline workers’ compensation company; and Absentia, a third party administrator providing workers’ compensation case and claim management services. Rockhill writes business on a non-admitted basis in 49 states and the District of Columbia, and is licensed on an admitted basis in 42 states and the District of Columbia.

State Auto said it will retain Rockhill’s management and associates, operating the company as a stand alone subsidiary of State Automobile Mutual. State Automobile Mutual said it does not plan to pool Rockhill’s operations with those of State Auto’s for the foreseeable future.

Source: State Automobile Mutual Å˽ðÁ«´«Ã½Ó³»­ Co.
www.StateAuto.com.

Topics Mergers & Acquisitions Auto Missouri