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This culminated in the addition of a number of subsidiaries to keep up with the changes to the insurance industry that happened during that time. [citation needed] In 1979 Harleysville Group Inc. was founded. [citation needed] In 1982 the company purchased McAlear Associates which was an excess and surplus brokerage firm, along with Huron ...
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On July 27, 2009, First Niagara Bank agreed to acquire the company in an all-stock transaction valued at approximately $237 million or $5.50 per share. The deal provided First Niagara with $5.6 billion in assets, including $3.6 billion in loans and $4.1 billion in deposits in 83 bank branches across nine Eastern Pennsylvania counties.
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RLI Corp. is an American insurance company specializing in property insurance and casualty insurance. [2] It is headquartered in Peoria, Illinois. [2] [3]RLI conducts its operations primarily through four insurance subsidiaries — RLI Insurance Company, Mt. Hawley Insurance Company, [4] RLI Indemnity Company, and Contractors Bonding and Insurance Company.
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Term life insurance: guarantees payment of a death benefit during a specified time period. Additional TruStage insurance products include: Accidental death and dismemberment insurance (underwritten by CMFG Life Insurance Company): [ 18 ] pays a cash benefit if a person dies or is seriously injured in an accident.