PSA Insurance & Financial Services in Hunt Valley, Md., acquired Councill, a Towson, Md.-based firm offering insurance products, third-party administration and risk management services for nursing homes, assisted living and independent living facilities. The terms of the transactions were not disclosed.
Under the transaction, Councill’s president, Nancy Councill, and two of her associates will work from PSA’s Hunt Valley, Md., headquarters, while six others will work remotely from cities across the country.
PSA offers services in risk management, employee benefits, fiduciary consulting for employer sponsored retirement plans and wealth management.
Topics Mergers & Acquisitions Maryland
Was this article valuable?
Here are more articles you may enjoy.
The World’s Plastic Glut Is Set to Get Much Worse by 2040, Study Finds 
Surveys Show Concerns About Florida Market, But Consumers Are Warming Up 
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
