M.J. Hall & Co. based in Stockton, Calif., has acquired the Walnut Creek, Calif.-based Cravens, Leffler & McCormick’s book of insurance business in an asset purchase effective Feb. 1, 2007.
Cravens, Leffler & McCormick’s operations and current staff will be relocating to San Francisco to become the San Francisco branch of M.J. Hall. Frank Cravens will serve as vice president and branch manager of the San Francisco office.
The relationship between the Cravens family and the Hall family goes back decades. Michael Hall, the founder of M.J. Hall, began his U.S. insurance career with Cravens, Dargan in San Francisco in 1964.
M.J. Hall is a 34-year-old wholesale property/casualty brokerage firm and represents over 40 markets in the surplus lines or admitted specialty end of the insurance business. With the addition of the San Francisco office M.J. Hall now has seven offices on the west coast.
Source: M.J. Hall
Topics Mergers & Acquisitions
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