← Back to American Family Ventures profile
American Family Ventures related stories
All articles and analysis
American Family Insurance to Buy PGC HoldingsAmerican Family Insurance has agreed to buy PGC Holdings Corp. and its subsidiaries, including non-standard auto insurers Permanent General and The General. The deal is valued at $239 million. Capital Z Partners is the seller. Nashville, Tenn.-based Permanent General provides non-standard coverage, and partner retail store alliances to the non-standard auto insurance market. Permanent General reported direct written premiums of $270 million at the end of 2011.