Gray-Stone & Co. Acquires Cascade General Agency/ Amstar E&S

August 22, 2006

Gray-Stone & Co, Thousand Oaks, Calif., has acquired the accounts of Cascade General Agency Inc./Amstar E&S in Moorpark, Calif. The Moorpark office has closed.

A number of the former employees are now working at Gray-Stone’s headquarters in Thousand Oaks, Calif. Joining Gray-Stone from Cascade/Amstar are Helene Lerner, Robin McEwen, Sarah Wayne and Cascade General Agency’s former president, David Meyer. Also joining Gray-Stone at this time is Patty Arthur.

According to Meyer, “Over the years, we have had a long standing friendship with Howard. Both of our organizations share many of the same markets so moving our accounts to Gray-Stone is a natural fit for us and our clients.”

A California wholesaler, Gray-Stone began business more than 70 years ago and is licensed to transact in 49 states. In addition to six workers’ compensation markets, Gray-Stone has many other programs and coverage for California law firms including property; comprehensive general liability; crime, umbrella; and professional liability.

Topics Mergers & Acquisitions Excess Surplus

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