First Commonwealth Insurance Agency, an Indiana, Pennsylvania-based insurance agency and a subsidiary of First Commonwealth Financial Corp., acquired Thompson/McLay Insurance Associates, an agency also based in Indiana, Pennsylvania.
Terms of the transaction were not disclosed.
Thompson/McLay has been in business for 29 years and serves thousands of regional clients through home, auto, commercial and specialty insurance lines. Following the acquisition, Thompson/McLay will retain its name and operate as a division of First Commonwealth Insurance Agency.
With the acquisition of Thompson/McLay, First Commonwealth Insurance Agency said it will focus on delivering in three primary service categories: employee benefits consulting; personal and commercial property/casualty offerings; and client consultation pertaining to the Affordable Care Act for individuals and small businesses.
Was this article valuable?
Here are more articles you may enjoy.
More Americans Are Moving Away From Flood Risk Than Toward It
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 

