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.
South Florida Insurance Broker Pleads Guilty to Fraud in $133M ACA Enrollment Scheme 
Increased Writings in Homeowners Adds to US Surplus Lines Growth 
Progressive Insurance Is Hiring Again; 12,000 More People Needed 
AIG: Turning One Human Underwriter Into Five, ‘Turbocharging’ E&S 
