AIG Sells Auto Insurance Business for $2 billion

The troubled company AIG has just sold is automobile insurance arm – 21st Century Insurance – to Zurich Financial Services for $2 billion. Zurich will fold the new purchase into its car insurance business Farmers Group.

We’ll have to wait and see what does to auto insurance rates, or Farmers current ranking as the 7th worse insurance company in America.

The San Diego accident and injury attorneys at Walton Law Firm LLP represent individuals who have been injured in automobile accidents, motorcycle accidents, products defect, and cases involving insurance disputes.

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