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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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