Spence & Mathews Insurance is the latest insurance agency to join Northeast Bank Insurance Group, Inc. a wholly-owned subsidiary of Maine-based Northeast Bank.
Founded in 1935, Spence & Mathews has 16 employees located in two offices, in Berwick, Maine and Rochester, N.H. The company represents 14 state and national carriers, has $10 million in property / casualty premiums and serves over 6,000 clients, according to the firm. Under the new arrangement, the previous owner, Craig Linscott, will continue to oversee the two offices with all employees remaining.
Northeast Bank Insurance Group, Inc. has completed six agency acquisitions in the past year increasing the number of insurance offices to 13.
Source:Northeast Bank Insurance Group, Inc.
www.northeastbank.com
Topics Maine
Was this article valuable?
Here are more articles you may enjoy.
Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less 
Travelers: Aging Workforce, New Employees Drive Complexity in Injury Claims 
Progressive Insurance Helps First-Time Homebuyers With Down Payments 
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M 
