Locke Lord represented National General Holdings Corp. in the completed acquisition of Century-National Insurance Company, a California based insurer, on June 1st. The acquisition will expand National General’s standard and preferred product offering in both homeowners and personal auto in a key geographic area and enhance its ability to bundle products together. For more information on this deal, please see National General’s press release. The purchase price for the transaction was $318 million. The Locke Lord team consisted of Geoffrey Etherington, Julie Mahaney, Lori Basilico, Joseph Farside, Christopher Flanagan, Zachary Lerner and Norris Clark.
Posted June 3, 2016