Insurance Happy Hour

Two carriers; two different announcements. One is making an acquisition to diversify and better serve their market. One may be looking to sell off part of their book to better focus on what they do best. Plus, a rant from Laird (Shocking, I know) and Becky laments a loss caused by the pandemic. In a First, State Farm to Acquire Texas Nonstandard Auto Insurer GAINSCO (Insurance Journal) (https://www.insurancejournal.com/news/southcentral/2020/09/17/583051.htm) MetLife Looking to Sell P/C Auto and Home Biz: KBW (Carrier Management) (https://www.carriermanagement.com/news/2020/09/21/211651.htm)