United Community Financial Corp., holding company of The Home Savings and Loan Co., has completed its acquisition of James & Sons Insurance in Youngstown, Ohio.
This transaction marks the initial step in the formation of The Home Savings Insurance Group. Home Savings looks forward to expansion of the insurance business via organic growth coupled with a selective acquisition strategy.
James & Sons Insurance is a local insurance agency established in 1921. Operating independently, they work with regional and national insurance companies offering coverage at the most competitive rates available.
James & Sons offers a wide variety of insurance products for business and residential customers, which include, auto, homeowners, life-health, commercial, surety bonds, aviation and much more.
Source: United Community Financial Corp.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization 
Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year 
AIG’s Zaffino to Step Down as CEO as Aon’s Andersen Steps In 
Relief But Questions on Agents’ Duties to Insureds After Florida Court Ruling 
