Wells Fargo Insurance Services USA Inc., part of Wells Fargo & Co., announced it has acquired Kinney Agency Inc., a single office, commercial insurance brokerage firm located in Albuquerque, N.M. The acquisition closed on July 1, 2010. Terms of the transaction were not disclosed.
Bart Kinney, managing shareholder of Kinney Agency, said customrs will continue to be served by the same team of insurance professionals. Serving customers in New Mexico since 1963, Kinney Agency provides commercial property and casualty insurance, specializing in contractor’s general liability, contract surety bonding, and other construction-related risks, as well as retail and light industrial risks. The firm also offers customers employee benefits and personal insurance services.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
How Insurers Can Gain the Most Value From Their AI Investments: Accenture 
Florida Farm Manager the Latest to Plead Guilty in Crop Insurance Fraud Probe 
Hurricane to Threaten Hawaii With Flooding Over Weekend 
FEMA’s New Flood Maps Means More Homes Require Flood Insurance: Cotality 
