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Liberty Mutual Selling Workers’ Comp Unit Summit Southeast to American Financial

January 10, 2014

 

Liberty Mutual Insurance said it has agreed to sell Summit Holdings Southeast Inc. and its related companies to American Financial Group (AFG) in an all-cash transaction valued at $250 million.

 

Based in Lakeland, Florida, Summit sells workers’ compensation in the Southeast and has approximately $520 million of premium written.

 

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