Companion Property & Casualty Acquires AmFed Holding Co.

Companion Property & Casualty Insurance Group announced Wednesday that it has acquired all the insurance and insurance-related service operations of AmFed Holding Co., Mississippi's largest workers' compensation and self-insurance administration company.The acquisition by Companion included AmFed National Insurance Co. and AmFed Casualty Insurance Co., along with operating entities AmFed Companies, LLC, and AmFed Insurance Services, LLC, Companion said. AmFed president and chief executive officer John W. "Billy" Roberts will continue leading AmFed, and AmFed's 98 employees will...