U.S. insurance giant Allstate Corp. said it has agreed to acquire peer National General Holdings Corp. for about $4 billion in cash, expanding its reach in the personal property-liability business.
Under the deal, shareholders of National General, a New York-based specialty personal-lines insurer, will receive a total of $34.50 a share, an offer that comprises $32.00 a share from Allstate and expected closing dividends of $2.50 a share, the companies said late Tuesday. The total offer represents a 69% premium to the stock’s...
Allstate If Allstate can afford 4 Bill for a new company, they can afford to pay my 3K Claim theft loss. Allstate's agent failed to review my insurance properly & assess my needs; she gave me THREE different answers on coverage; then refused to service my policy. Will report CDINews!
Allstate Look out! NG was a great brand - now swallowed up by a huge conglomerate that handles everything from some call center out of the country. Sad
Allstate Still waiting for your statement on Daniel Maples. All of Twitter is waiting. Get on it. This is not going to disappear. TedToddAgency CharleyTodd
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