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You are at:Home » Element Risk Acquires Hoffman and L&B in Pennsylvania, Stoneburner-Carter in Virginia
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Element Risk Acquires Hoffman and L&B in Pennsylvania, Stoneburner-Carter in Virginia

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By admin on October 30, 2022 Insurance

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.

Matters
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