Maury, Donnelly & Parr, a Maryland-based broker and risk consultant that’s almost 150 years old, has acquired CANUSA Insurance Services in Sarasota, Florida.
The merger marks a continued expansion by MDP, which acquired Connecticut-based Northeastern Underwriters in 2021.
CANUSA is headed by Charles Hosie, who has 35 years’ experience in personal lines insurance. The office’s name and branding will remain the same, the companies said in a news release.
MDP was founded in 1875 as a marine insurer for businesses using the Port of Baltimore.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Florida Supreme Court Approves Board Certification in Insurance Law 
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns 
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says 
Supervisor’s Punching of Employees Enough for Tort Suit, NC Appeals Court Says 
