Western Nationwide Mutual Insurance coverage Co. and Alfa Insurance coverage introduced an settlement for Alfa to buy Legacy Insurance coverage Companies Inc. in Arizona.
The deal is pending ultimate regulatory approval.
Alfa is buying the Legacy and Arizona Auto Insurance coverage Co. entities, in addition to the Nevada Common Insurance coverage Co. e book of enterprise. Legacy and AAIC have been initially acquired by Western Nationwide in 2010.
Legacy Insurance coverage Companies is an Arizona-domiciled common company headquartered in Phoenix and writing completely non-standard private auto insurance coverage. AAIC is an Arizona-domiciled property-and-casualty insurance coverage firm writing non-standard private auto insurance coverage in Arizona and Colorado. NGIC’s e book of enterprise consists of non-standard private auto insurance coverage in Nevada.
Alfa acquired Trexis, previously Imaginative and prescient Insurance coverage Group, LLC, in 2005. Since then, the non-standard firm has grown its portfolio. Trexis is headquartered in Franklin, Tennessee, and serves clients by a community of impartial brokers.
Alfa Insurance coverage is headquartered in Montgomery, Alabama.
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