Harleysville To Snap Up Delta Lloyds WYO Flood Unit

Law360, New York (October 27, 2009, 4:46 PM EDT) -- Harleysville Mutual Insurance Co. has announced it will acquire the Write Your Own flood insurance unit of Delta Lloyds Insurance Co.

Harleysville Mutual, a part of Harleysville Group Inc., said Tuesday that the deal will become effective Nov. 1. The sale price was not disclosed.

Texas-based Delta Lloyds, a participant in the WYO flood program since 1984, wrote approximately $13.5 million in direct WYO flood premiums in Texas in 2008, Harleysville said.

“Since entering the WYO flood program in 1999, our goal has been to become...
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