Old Republic International将收购Everett Cash Mutual

2025-10-23 19:09

Old Republic International (NYSE:ORI) has entered into a definitive agreement to acquire Everett Cash Mutual Insurance Co. and affiliated companies following its conversion to a stock company in a sponsored demutualization transaction.
Following an expected closing in 2026, Old Republic expects this transaction to be accretive to book value per share and operating income per share.
Headquartered in Everett, Pennsylvania, Everett provides insurance to small farm owners and select commercial agricultural operations across 48 states and the District of Columbia. In 2024, the company wrote $237 million in direct premiums, closed the year with a consolidated statutory policyholders’ surplus of $126 million, and maintains a strong history of profitable growth.
Source: Press Release

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