State Automobile Mutual Insurance Co. of Columbus, Ohio, has completed its purchase of Rockhill Insurance Group of Kansas City, Mo.
Rockhill writes approximately $120 million in specialty property and casualty direct written premium through four insurance company subsidiaries: Rockhill Insurance Co., Plaza Insurance Co., American Compensation Insurance Co., and Bloomington Compensation Insurance Co.. Key business segments include commercial property, general liability for residential construction, commercial umbrella, surety, program, professional and environmental; RTW, a monoline workers’ compensation company; and Absentia, a third party administrator providing workers’ compensation case and claim management services. Rockhill writes business on a non-admitted basis in 49 states and the District of Columbia, and is licensed on an admitted basis in 42 states and the District of Columbia.
State Auto said it will retain Rockhill’s management and associates, operating the company as a stand alone subsidiary of State Automobile Mutual. State Automobile Mutual said it does not plan to pool Rockhill’s operations with those of State Auto’s for the foreseeable future.
Source: State Automobile Mutual Insurance Co.
www.StateAuto.com.
Topics Mergers & Acquisitions Auto Missouri
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