has agreed to sell its
personal lines business to
Columbia Insurance Group
Acted as exclusive financial advisor to Columbia Insurance Group in the sale of its personal lines business to Safeco Insurance, a Liberty Mutual Company (“Safeco Liberty Mutual”). Under the agreement, Columbia will transfer its entire personal lines auto and umbrella lines business in eight states to Safeco Liberty Mutual, effective for renewals beginning January 1, 2025. Safeco Liberty Mutual will expand its agency footprint and customer base in Arkansas, Illinois, Iowa, Kansas, Missouri, Nebraska, Oklahoma and South Dakota, while Columbia will focus exclusively on commercial solutions going forward.
