/PRNewswire/ AF Group, a wholly-owned subsidiary of Blue Cross Blue Shield of Michigan and a nationally-recognized holding company whose affiliated brands.
The Detroit-based Blues announced Tuesday its subsidiary AF Group entered into an agreement to acquire Southfield-based specialty insurer AmeriTrust Group.
AF Group, a nationally recognized holding company whose affiliated brands provide specialty and workers' compensation insurance solutions across the United States, has entered into a definitive agreement through its subsidiary Accident Fund Insurance Company of America to purchase AmeriTrust Group from Fosun. "This exciting acquisition aligns two.