Allstate Closes Acquisition of National General Holdings Corp.

The Allstate Corporation (Allstate) recently announced that it closed its $4 billion acquisition of National General Holdings Corp.

“The acquisition of National General advances our strategy of growing personal lines insurance with an increase of one percentage point in market share,” said Tom Wilson, Allstate chair, president and CEO. “Independent agents will now have more protection offerings for customers, with a strong technology platform creating growth opportunities for them and Allstate. National General’s accident and health business will also further expand Allstate’s circle of protection.”

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