Nationwide and Harleysville Combine

Nationwide Mutual Insurance Company and Harleysville Mutual Insurance Company and Harleysville Group Inc. today announced they have entered into an agreement under which Harleysville will combine with Nationwide.

Under the terms of the agreement, Harleysville Mutual policyholders will become policyholders and members of Nationwide Mutual.

The combined organization will have an estimated net surplus of more than $13.5 billion and over $16 billion in annual direct written premiums.

Source: Nationwide