AmTrust Financial acquires The Insco Dico Group for 88.7M AmTrust Financial announced that it has received final regulatory approval and completed the acquisition of The Insco Dico. The $88.7M purchase price is approximately $7M above Insco Dico's tangible book value as of December 31, 2013. The transaction was funded with existing working capital. Insco Dico's subsidiaries include Developers Surety and Indemnity Company and Indemnity Company of California. In 2013, Insco Dico generated approximately $52.0 million in insurance premium.
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