Republic Companies Acquires Ariz.-based General Agency

February 11, 2008

Dallas-based Republic Companies Inc. (Republic) announced the acquisition of Four Corners Insurance Services Inc. (Four Corners), a general agency based in Phoenix, Ariz.

Republic reported that Four Corners specializes in non-standard auto insurance coverages produced through independent insurance agents in Arizona, Oklahoma, Oregon, Utah and Washington, D.C.
Philo Smith Capital Corp. served as Four Corners’ broker in this transaction.

Parker W. Rush, president and chief executive officer of Republic, said Four Corners will be developing “non-standard auto business products for us in Louisiana, Mississippi and Arkansas over the next several months.”

Mitchel Slater is president of Four Corners and Robert Heveri is vice president.

Source: The Republic Group, www.republicgroup.com/

Topics Mergers & Acquisitions Arizona

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