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A longtime Idaho insurance company has moved forward in the acquisition of a similar business in Wyoming, both of which serve Mountain West states .
At a Glance:
Idaho Farm Bureau Insurance acquires Mountain West Farm Bureau Mutual
Combined companies will serve 130,000 policyholders in five states
Mountain West will retain its branding after the merger
Merger strengthens regional presence in agriculture-focused insurance
Idaho Farm Bureau Insurance Holding Company, the parent company of Farm Bureau Insurance Company of Idaho, is acquiring Mountain West Farm Bureau Mutual Insurance Company of Laramie, Wyoming.
The acquisition is expected to take about four months pending regulatory approval.
Mountain West Farm Bureau Mutual was founded in 1948 in Wyo