Allstate leverages national general platform to grow personal property-liability

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) has agreed to acquire safeauto, a non-standard auto insurance carrier focused on providing state-minimum private-passenger auto insurance with coverage options in 28 states. total consideration includes a $270 million cash purchase price plus approximately $30 million in pre-close dividends of certain non-insurance assets. safeauto, a privately held company headquartered in columbus, ohio, will add capabilities and distribu
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