TWFG Insurance has acquired Penguin Insurance Services in Milpitas, Calif.
Terms of the deal were not disclosed.
Penguin is a network of independent brokers, which supports brokers throughout California, Colorado, Nevada, Texas, Washington and Arizona.
TWFG Insurance, or The Woodlands Financial Group, is a national insurance agency based in The Woodlands, Texas.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.

Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance
Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling
NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They? 

