New Braunfels, Texas-based TCOR Management announced a merger with Legacy Insurors Group LLC, and MS&B Bonds and Insurance Services LLC, effective March 1. The operations of these two entities will continue under TCOR management.
Rowdy Nutt, previous principal of Legacy, will join TCOR as a partner, producer and manager of TCOR’s Tyler branch. Prior to starting Legacy in 2015, Nutt spent 15 years as a commercial lines producer at an independent agency in East Texas. He also served on numerous industry boards including the IIAT board of directors and was IIAT’s Young Agent of the Year in 2004.
Steve Smith, previous principal of MS&B, will join TCOR as a partner, producer and director of Surety Services, and will office at TCOR’s headquarters in New Braunfels. Prior to founding MS&B in 2014, Smith spent more than 20 years producing construction and commercial surety in the Houston, Austin and San Antonio markets. Smith’s commercial surety background ranges from national law firms to waste haulers to oil and gas clients.
Rick Dudney, managing partner at TCOR Management, said the mergers are a great fit for the company and will expand both TCOR’s geographical foot print and its product and service offerings.
Source: TCOR Management