Announced
Financials
Tags
United States
flood insurance
Private
Domestic
Acquisition
Single Bidder
Majority
Friendly
Pending
Property and Casualty Insurance
Synopsis
Wright National Flood Insurance, a provider of federal flood insurance, agreed to acquire flood insurance policy book of Westfield Insurance, a provider of property and casualty insurance.Financial terms were not disclosed. "Westfield has provided flood coverage solutions for the past 20 years for its agent partners and policyholders. We look forward to continuing their long history and providing their agents with our experience in the flood insurance industry," Patricia Templeton-Jones, Wright National Flood Insurance President.
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