S&T Bank, based in Indiana, Pa., has acquired Bennett Associates, Inc. and Cowher- Nehrig & Co., (the Bennett Group), two multi-line insurance agencies. These agencies, which are located in Ebensburg and Nanty Glo, Cambria County, Pa., respectively, will retain their current office locations.
Thomas Kiral, president of S&T Insurance Group, LLC, noted that the acquisition becomes part of Evergreen Insurance Associates, LLC, S&T Insurance Group’s platform agency, also located in Ebensburg, Pa.
Evergreen Insurance Associates, LLC was founded in 1980 and became a division of S&T Insurance Group, LLC, a wholly owned subsidiary of S&T Bank in August 2002. Evergreen Insurance operates offices in Ebensburg, Greensburg and Brookville, Pa. and sells personal and commercial insurance.
Headquartered in Indiana, Pa., S&T Bancorp, Inc. operates 49 offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties. With assets of $3.0 billion, S&T Bancorp, Inc. stock trades on the NASDAQ National Market System under the symbol STBA.
Was this article valuable?
Here are more articles you may enjoy.
Big Food Readies New Strategy Against RFK Jr. Push in States 
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims 
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual 
CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M 
