Evergreen Insurance Managers Acquires Certain Intercontinental Insurance Accounts

February 25, 2010

Evergreen Insurance Managers Inc. of Beaverton, Ore., announced the purchase of a Penn-America Insurance Co., Penn-Star Insurance Co., United National Insurance Co. book of business, and certain brokerage accounts from Intercontinental Insurance Services Inc. of Seattle, Wash., effective March 1, 2010.

Evergreen Insurance Managers Inc. is an independently owned and operated insurance organization dedicated to serving retail agents and brokers via its wholesale brokerage and underwriting capabilities. The company offers a comprehensive catalog of wholesale insurance products and programs to independent agents and brokers throughout the western states Washington, Oregon, California and Idaho.

Topics Mergers & Acquisitions Agencies

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