As a result of the merger, Farmers will assume responsibility for 2.4 million policies in force from MetLife P&C’s business.
Farmers Insurance
Farmers Enters The Massachusetts Marketplace With Direct-to-Consumer Insurance Policies
Farmers Insurance is currently the ninth largest P&C Insurer in the U.S.
Farmers Group Buys MetLife’s P&C Business For $3.94 Billion In Cash
Pending regulatory approvals, the deal is slated to close in the second quarter of 2021.