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.
Florida Board Drafting Rules That Could Stem Bogus Engineering Reports in Claims 
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses 
Businesses Pressured to Respond to ICE While Becoming a Target 
Why Power Outages Do More Economic Damage Than We Think 
