Capital Insurance Group in California Officially Acquired by Auto-Owners Insurance
Capital Insurance Group is now a member of the Auto-Owners Insurance group of companies after regulatory approvals were cleared and closing documents were signed this week.
CIG in February entered into an agreement to be acquired by Lansing, Mich. based Auto-Owners Insurance.
CIG is a leading regional property/casualty insurer that provides a range of customized coverage for commercial, personal, and agricultural lines in California, Washington, Oregon, Nevada, and Arizona.
Auto-Owners operates solely through independent agencies and also owns a life insurance company, an excess and surplus lines company, and is affiliated with Concord General Mutual Insurance Co. in the Northeastern U.S.
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