# OLD REPUBLIC INTERNATIONAL CORP (ORI) — capital_raise/atm_program [announced]
Source: SEC API (secapi.ai) · situation sit_8e94d435f782021c8d2b · retrieved 2026-08-11T16:13:06.945Z

## Overview
Old Republic International Corporation is a leading specialty insurer operating diverse property & casualty and title insurance companies, with specialized operating companies providing underwriting and risk management services across the United States and Canada.

Old Republic International Corporation completed its acquisition of Everett Cash Mutual Insurance Company (ECM) and affiliated companies on July 1, 2026, following ECM's conversion to a stock company in a sponsored demutualization transaction. ECM will be consolidated into the Specialty Insurance segment beginning in Q3 2026. The company expects to recognize a gain on the acquisition of approximately $125 million (subject to final valuations as of the closing date) and anticipates the acquired business will be accretive to earnings in 2026.

## Terms
- Counterparty: Everett Cash Mutual Insurance Co. (ECM)

## Key dates
- Announced 2026-07-23

## Timeline
- 2026-07-23 · 8-K (0000074260-26-000087): 8-K - OLD REPUBLIC INTERNATIONAL CORP — *Old Republic International Corporation is a leading specialty insurer operating diverse property & casualty and title insurance companies, with specialized operating companies providing underwriting and risk management services across the United States and Canada.* Old Republic International Corporation completed its acquisition of Everett Cash Mutual Insurance Company (ECM) and affiliated companies on July 1, 2026, following ECM's conversion to a stock company in a sponsored demutualization transaction. ECM will be consolidated into the Specialty Insurance segment beginning in Q3 2026. The company expects to recognize a gain on the acquisition of approximately $125 million (subject to final valuations as of the closing date) and anticipates the acquired business will be accretive to earnings in 2026.
  https://www.sec.gov/Archives/edgar/data/74260/0000074260-26-000087.txt

## Citations
- 0000074260-26-000087 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000007426026000087