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Wells Fargo’s Insurance Unit Buys Reno Firm

The word section of Wells Fargo Co. has purchased ISU Stetson-Beemer Insurance, an word brokerage and consulting organisation in Reno, Nev.

The squeeze sealed on Sept. 1. Terms of a understanding were not disclosed.

Stetson-Beemer, founded in 1923, provides a operation of insurance, including worker advantages and blurb skill and misadventure insurance. President Richard Schield and a group of about 24 employees will join Wells Fargo Insurance Services’ Reno office.

This is a second merger this year of a tiny organisation announced by Chicago-based Wells Fargo Insurance Services USA Inc. The association announced in early Jan they acquired Prestige Professional Plans, a singular office, worker advantages word brokerage organisation located in Dayton, Ohio.

Source: Article Source

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