Stout served as exclusive financial advisor to CFM Insurance Inc. in connection with its acquisition of Cornerstone National Insurance Co.
CFM Insurance Inc. was formed in 1869, and headquartered in Concordia, MO. The company is celebrating 150 years of business protecting the families and businesses of Missouri. As a Missouri exclusive mutual, CFM has grown to be one of the largest mutual insurance companies to write business in a single state.
Cornerstone National Insurance Co. was founded in 1997 as a stock company to provide automobile insurance in several states with a focus on the central Midwest region. The company is licensed to do business in 20 states.