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Bristol West, Farmers Group announce approval for merger
By Laura Lutz
Des Moines, July 2 - Bristol West Holdings, Inc. announced that Farmers Group, Inc., a subsidiary of Zurich Financial Services Group, has received approval for its proposed merger with Bristol West's insurance company subsidiaries.
The California, Ohio, Florida and Michigan insurance departments have approved the deal.
The merger is expected to settle on July 3.
Bristol West will be the surviving corporation.
Immediately after closing, Farmers will transfer ownership of Bristol West to the Farmers Exchanges.
Bristol West is a Davie, Fla.-based property and casualty insurer.
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