Old Republic International Acquires Everett Cash Mutual in Sponsored Demutualization

October 23, 2025

Old Republic International Corporation has signed a definitive agreement to acquire Everett Cash Mutual Insurance Co. (ECM) and its affiliated companies following ECM’s sponsored demutualization to convert from a mutual to a stock insurer. The deal is subject to regulatory and policyholder approval and was expected to close in 2026. A later update states the conversion and acquisition were completed after members approved the plan and ECM’s articles were filed on July 1, 2026.

Buyers
Old Republic International Corporation
Targets
Everett Cash Mutual Insurance Co., ECM Insurance Company, Everett Cash Mutual Insurance Co. and its affiliated companies (ECM Group)
Sellers
Members of Everett Cash Mutual Insurance Co.
Industry
Insurance
Location
Pennsylvania, United States
Transaction Type
Buyout

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