American Wholesale Insurance Group Inc., a Charlotte, N.C.-based wholesale insurance distribution holding company, announced it has completed the acquisition of Woodus K. Humphrey & Company Inc., of Shreveport, La.
Woodus K. Humphrey & Company Inc., is a managing general agency specializing in providing insurance solutions to the lumber and woodworking industries.
With the addition of Woodus K. Humphrey, the combined operating companies produce wholesale premium volume in excess of $750 million. American Wholesale said it is currently the largest independently owned wholesale brokerage organization in the country.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
‘Structural Shift’ Occurring in California Surplus Lines
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 

