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ACCA aquired by Berkshire Hathaway Homestate Companies
In 2006, a Berkshire Hathaway subsidiary acquired American Commercial Claim Administrators (ACCA).
In DaisyBill, select Berkshire Hathaway Homestate Companies (BHHC) as the administrator for ACCA claims; do not select ACCA.
Berkshire Hathaway Subsidiary Acquires AARIS & ACCA
July 18, 2006 06:03 PM Eastern Daylight Time
STAMFORD, Conn. & SAN FRANCISCO--(BUSINESS WIRE)--July 18, 2006--Columbia Insurance Company, a member of the Berkshire Hathaway Group of Insurance Companies, (NYSE:BRK.A) announced today they have agreed to acquire American All-Risk Insurance Services (AARIS) and American Commercial Claim Administrators (ACCA), both wholly-owned subsidiaries of Acacia Pacific Holdings (APH).
AARIS and ACCA are privately held companies that provide underwriting, operational, and claims management services for California Workers Compensation business placed through AARIS' agency distribution network. National Liability & Fire Insurance Company, another member of the Berkshire Hathaway Group of Insurance Companies, has been writing its California Workers Compensation business through AARIS since October 2004. Terms of the transaction were not disclosed. The transaction is scheduled to close in July 2006.