First Commonwealth Acquires Thompson/McLay in Pennsylvania

First Commonwealth Insurance Agency, an Indiana, Pennsylvania-based insurance agency and a subsidiary of First Commonwealth Financial Corp., acquired Thompson/McLay Insurance Associates, an agency also based in Indiana, Pennsylvania.

Terms of the transaction were not disclosed.

Thompson/McLay has been in business for 29 years and serves thousands of regional clients through home, auto, commercial and specialty insurance lines. Following the acquisition, Thompson/McLay will retain its name and operate as a division of First Commonwealth Insurance Agency.

With the acquisition of Thompson/McLay, First Commonwealth Insurance Agency said it will focus on delivering in three primary service categories: employee benefits consulting; personal and commercial property/casualty offerings; and client consultation pertaining to the Affordable Care Act for individuals and small businesses.

Topics Mergers & Acquisitions Pennsylvania