Federated Acquires Illinois-Based HDVI

Federated Mutual Insurance Company has acquired commercial trucking insurance provider High Definition Vehicle Insurance (HDVI). Based in Chicago, HDVI specializes in telematics-driven fleet insurance. The acquisition positions HDVI to accelerate its growth and innovative work within the commercial trucking insurance industry with greater financial strength and stability, the company said in a statement. HDVI will retain its own separate operations as a largely autonomous subsidiary company of Federated Insurance. Current HDVI employees will remain on staff, and the company will continue relationships with established agency partners. Topics Mergers & Acquisitions Illinois Was this article valuable? Thank you! Please tell us what we can do to improve this article. Thank you! % of people found this article valuable. Please tell us what you liked about it. Here are more articles you may enjoy.