TD Banknorth Inc. announced is expanding its insurance presence in central Maine by purchasing Boothby & Bartlett Company, a community insurance agency in Waterville, Maine. The acquisition is scheduled to close in December.
The insurance firm will become part of TD Banknorth Insurance Group, which currently operates four branches in Southern and Coastal Maine. It also has offices in Connecticut, Massachusetts, New Hampshire, New York and Vermont.
Boothby & Bartlett has been in business since 1859 and provides personal, commercial and employee benefit coverage. Owner Daniel J. O’Halloran, CPCU and the Boothby & Bartlett team will remain and join TD Banknorth Insurance Group.
“The acquisition of Boothby & Bartlett significantly expands our presence in Central Maine,” said Joe Fico, president and chief executive officer of TD Banknorth Insurance Group. “Boothby & Bartlett has a solid reputation. They have been providing insurance coverage for Maine customers for over 145 years. We’re pleased to welcome them to the TD Banknorth family.”
TD Banknorth Insurance Group, New England’s largest insurance network, is a division of TD Banknorth, N.A., and the banking subsidiary of TD Banknorth Inc. TD Banknorth Insurance Group’s agencies have 23 offices in Massachusetts, Connecticut, Vermont, New Hampshire, Maine and upstate New York.
Boothby & Bartlett Company provides homeowners, automobile, recreational vehicles, commercial property and liability, workers compensation, group health and life insurance, personal, health, life insurance and retirement planning products and services. Boothby & Bartlett is headquartered in Waterville, Maine with an additional office in Fairfield.
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