Dearborn, Mich.-based Auto Club Insurance Association (ACIA) said yesterday it has agreed to acquire MEEMIC Insurance Company and its insurance agency affiliate, MEEMIC Insurance Services Corp., for an undisclosed amount.
ACIA is an affiliate of AAA Auto Club Group, which provides membership, travel and financial services to over 4.1 million AAA members in eight states: Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota and Wisconsin.
MEEMIC, formerly known as Michigan Educational Employees Mutual Insurance Company, is headquartered in Auburn Hills, Mich., and provides auto, homeowners, boat and umbrella insurance to employees of educational institutions and their families, ACIA said.
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