Old Republic International Corporation acquires Everett Cash Mutual Insurance Co. / ECM Insurance Company (ECM Group)

Old Republic International Corporation acquired Everett Cash Mutual Insurance Co. / ECM Insurance Company (ECM Group), a transaction announced in July 2026.

Sponsored mutual-to-stock conversion completed July 1, 2026: ECM members approved converting the mutual insurer to a stock company (ECM Insurance Company) and its acquisition by Old Republic, adding ECM's commercial agricultural / farm insurance franchise. No traditional purchase price was disclosed; Old Republic delivered up to ~956,000 of its shares and raised ~$25 million via a subscription offering to ECM members.

Sponsored mutual-to-stock conversion completed July 1, 2026: ECM members approved converting the mutual insurer to a stock company (ECM Insurance Company) and its acquisition by Old Republic, adding ECM's commercial agricultural / farm insurance franchise. No traditional purchase price was disclosed; Old Republic delivered up to ~956,000 of its shares and raised ~$25 million via a subscription offering to ECM members.

Old Republic received subscriptions of approximately $25 million... upon the filing of ECM’s amended and restated articles of incorporation... on July 1, 2026, Old Republic will deliver up to approximately 956 thousand shares of its common stock... and complete its acquisition of the ECM Group.

Advisory firms were not disclosed for this transaction.

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