The deal is expected to close by the end of Q1-2026
Nationwide and Main Street America have entered into an agreement whereby Nationwide will acquire the renewal rights for Surety and Fidelity Bonds issued by Main Street America Insurance, a specialized unit within American Family Insurance.
In commenting on the announcement, Nationwide CEO Kirt Walker emphasized the foundational nature of this acquisition.
“Nationwide’s strength and stability have always been at the core of who we are. This acquisition allows us to build on that foundation by enhancing our Surety and Fidelity offerings and delivering even more value to our agents and customers,” he noted in the official announcement. “We’re excited to welcome the customers and employees of Main Street America into the Nationwide family and continue our shared commitment to service and reliability.”
“Main Street America has a strong reputation for partnering with agents to deliver pragmatic risk management solutions, which aligns with Nationwide’s approach,” added Candy Embray, MSA President. “Together, we are working to ensure a seamless transition for our valued agency partners.”
The acquisition expands Nationwide’s commitment to businesses and contractors who rely on a strong risk management partner to serve their customers. Nationwide’s financial strength and long-standing stability provide agents and policyholders with confidence in the company’s ability to deliver on its promises. And, the addition of Main Street America’s capabilities and employees enhances Nationwide’s Surety and Fidelity offerings, creating new opportunities for growth and innovation.
Russ Johnston, President of Commercial Lines, Excess & Surplus, Specialty at Nationwide added, “Our surety business continues to be an area of strategic growth for us. Agents can expect the same level of service and stability they’ve come to trust, now backed by Nationwide’s scale, resources and financial strength. Together, we’re creating a stronger, more comprehensive offering for the marketplace.”
The companies expect to close by the end of the first quarter, subject to customary closing conditions. As both insurers are privately held companies, no further terms of the transaction were disclosed.
