CopperPoint completes PacificComp buy from Alleghany

CopperPoint Mutual has completed its $150mn cash acquisition of
Pacific Compensation Insurance Company from a subsidiary of
Alleghany Corporation, the buyer said today.
The deal for PacificComp, which primarily writes workers'
compensation insurance in California, was announced on 12
September.
At the time, Phoenix-based CopperPoint, which has been
Arizona's leading provider of workers' comp since 1925,
said the purchase would take its combined underwriting book to
about $400mn in premium and a