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Harleysville Merger with Nationwide is Finalized

On May 1, Nationwide Insurance issued a press statement saying its previously announced agreement to combine with Harleysville Mutual Insurance Company and Harleysville Group Inc. has happened
May 1, 2012

On May 1, Nationwide Insurance issued a press statement saying its previously announced agreement to combine with Harleysville Mutual Insurance Company and Harleysville Group Inc. has happened.

Harleysville is now a part of Nationwide’s P&C independent agency business unit under the Harleysville brand. In addition, Harleysville’s current headquarters in Harleysville, PA, will serve as an integral part of the combined company’s national, independent agency-based platform. Michael Browne, the former President and Chief Executive Officer of Harleysville, is now the President and Chief Operating Officer of Harleysville.

“This merger means great things for the employees, agents and members of Nationwide, Allied and Harleysville,” said Browne. “Together, we are establishing a formidable network of independent agency companies with a national reach. In turn, the merger will help both Harleysville and our agents increase market share through a broader portfolio of insurance, financial and banking products and services to current and future policyholders.” Based in Harleysville, Pennsylvania, the regional insurance provider does business through independent agents in 32 states.

Read Nationwide's statement on the Harleysville merger: Harleysville Insurance Now Part of Nationwide (Nationwide 5/1/12)

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