Pennsylvania-based Ingredient Threat Administration has acquired two Pennsylvania insurance coverage companies and one other in Virginia,
The Pennsylvania companies are W.S. Hoffman Insurance coverage situated in Phoenixville, and L&B Insurance coverage and Monetary Providers, situated in Collegeville. Ingredient Threat additionally acquired Stoneburner-Carter Insurance coverage, situated in Entrance Royal, Virginia.
W.S. Hoffman Insurance coverage Company has been serving the five-county space surrounding Phoenixville for greater than 50 years. The company has been run for 25 years by Donald Diianni.
L&B Insurance coverage and Monetary Providers was established by Jerry Lynam in 1994 and serves the Collegeville and surrounding areas.
Stoneburner-Carter Insurance coverage was established in 1985 and is a three-generation household agency.
Phrases weren’t disclosed.
Ingredient Threat is an impartial insurance coverage company with 17 areas throughout Pennsylvania, Virginia and Maryland.
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