Ascension Insurance Acquires California’s Walter L. Clark & Associates

April 8, 2011

Kansas City, Mo.-based Ascension Insurance Inc. announced it acquired Walter L. Clark & Associates Inc., headquartered in Fresno, Calif., effective March 31, 2011.

Walter L. Clark & Associates offers commercial insurance for a wide range of commercial businesses, with a specific emphasis in the agribusiness industry. The firm maintains offices in Fresno, Porterville and Visalia.

Walter L. Clark & Associates was founded in 1959. In addition to risk management and property and casualty solutions designed specifically for the agribusiness sector, the firm offers particular expertise in workers compensation as well as comprehensive employee benefits programs.

The purchase is part of Ascension’s strategy to build a national platform of risk management, insurance and employee benefits firms featuring specialized market expertise. Ascension is headquartered in Kansas City and has 35 offices throughout the United States.

Source: Ascension Insurance Inc.

Topics California Mergers & Acquisitions Agribusiness

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