Scottish American has completed the acquisition of Southern States General Agency in Ruston, La.
Terms of the deal were not disclosed.
“SSGA allows us to partner with people we enjoy working with, and the benefit of decades of underwriting experience in a region where local knowledge is crucial to profitability,” said Janet Beaver of Scottish American. “SSGA has an impressive employee tenure and have built a culture to be proud of; we are pleased they want to be a part of ours.”
Larry McCartney will become the new president of SSGA. The rest of the SSGA team will remain in place.
SSGA writes in Louisiana, Texas, Arkansas and Mississippi and will continue to trade under SSGA.
California-based Scottish American has 17 offices in the Northeast, California and a recent addition in Austin, Texas.
Topics Mergers & Acquisitions Louisiana
Was this article valuable?
Here are more articles you may enjoy.
Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion 
Kin Moves Into Florida and Texas With Home-Auto Bundle Products 
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut 
Berkely Says It’s No Longer Pressured to Push for Rate ‘Across the Board’ 
