Indiana’s Ameriana Insurance Agency, a subsidiary of Ameriana Bank, has agreed to purchase the book of business of the Chapin-Hayworth Insurance Agency Inc., a multi-line property/casualty insurance agency located in New Castle, Ind.
The transaction is expected to close on or before July 1, 2009.
Following the purchase, Ruth Hayworth, the current owner of Chapin-Hayworth Insurance Agency, and her staff will remain and continue to serve existing and new clients as part of Ameriana.
Ameriana Bank owns Ameriana Insurance Agency, a full-service insurance agency, Ameriana Financial Services, which offers securities and insurance products through LPL Financial (Member FINRA/SIPC), and Ameriana Investment Management.
Was this article valuable?
Here are more articles you may enjoy.
Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says 
Renewal Changes for Most Commercial Lines Decrease in July and Q2, Says Ivans 
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk? 
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI 
