Acordia, Inc., an insurance subsidiary of Wells Fargo & Company, has acquired the assets of Edward C. Brodie Insurance Brokers, Inc. in Sacramento, Calif.
The acquisition closed April 1, 2006. Terms of the transaction were not disclosed.
Brodie Insurance Brokers staff will be moving to Acordia’s Rancho Cordova office.
The acquisition of Brodie is one in a long line by Acordia
including:
Pate Insurance Agency Alaska January 2003
RMC2 Illinois & Florida July 2003
Care Insurance Services Nebraska August 2003
Wisenberg Insurance Texas September 2003
McDermott Brokerage Nebraska September 2003
Goodritz-Emanuel Pennsylvania September 2003
Malenas Insurance Agency Ohio October 2003
Feeney Durler West California January 2004
Sacia Risk Solutions Washington March 2004
Baldwin & Whitney Ohio April 2004
Speare & Company California June 2004
Phoenix Enterprises Colorado November 2004
Somerton Student California August 2005
Cassidy Benefits California October 2005
M.J. Beaven Agency, Inc. Ohio December 2005
Brodie Brokers, Inc. California April 2006
Acordia, Inc., headquartered in Chicago, Ill., has 150 offices in 38 states. Its 4,500 insurance professionals place in excess of $8.5 billion of premiums.
Source: Acordia
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