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On July 1, 2013, GMAC Insurance changed its name to National General Insurance. [12] The Winston-Salem operation moved from downtown to Madison Park in June 2014. [13] In July 2020, Allstate announced it was acquiring National General for $4 billion. The deal closed in January 2021. [14] [15]
Allstate Corporation has announced the acquisition of National General Holdings Corp for approximately $4 billion in cash, or $34.50 per share.
U.S. insurer Allstate Corp. (ALL) has agreed to acquire National General Holdings Corp.(NGHC) for about $4 billion in cash, or $34.50 per share.As part of the takeover deal National General ...
In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate then introduced the Encompass name to its subsidiary in 2000. Encompass distributes its products through 6,500 independent agency locations in 42 states. [3]
In 1925, Sears held a national contest to decide the name of a new brand of car tires. After 2,253,746 name submissions from 937,886 participants, "Allstate" was chosen. Hans Simonson of Bismarck, North Dakota, received a $5,000 cash prize for his winning entry among a list of 31 he submit
AAA and Allstate have long-standing reputations as top car insurance companies in the industry. The American Automobile Association, more commonly known as AAA (“Triple-A”), was founded in ...
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