October 5, 2010 (FinancialWire) — Old Republic International Corp. (NYSE: ORI) and PMA Capital Corp. have closed a merger between PMA and a wholly-owned subsidiary of Old Republic.

In connection with the closing of the merger, PMA changed its name to PMA Cos., Inc. PMA said it will maintain its head office location in Blue Bell, Pennsylvania.

Under the deal, each share of PMA class A common stock has been converted into the right to receive 0.55 shares of Old Republic common stock, with cash to be paid in lieu of fractional shares.

Illinois-based Old Republic International is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a variety of coverages primarily in the property & liability, mortgage guaranty, and title insurance fields.

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