Acordia Acquires Three Brokerage Firms

NU Online News Service, Sept. 9, 11:31 a.m. EDT?Acordia Inc., the Chicago-based unit of Wells Fargo & Company and the world's sixth-largest insurance broker, announced that as part of a continuing acquisition strategy it has purchased three regional brokerage firms.

The firms acquired in Acordia's latest transactions are: Wisenberg Insurance + Risk Management in Houston; McDermott Brokerage in Omaha, Neb.; and the Bala Cynwyd, Pa.-based Goodritz-Emanuel Insurance. All three acquisitions closed Sept. 1, Acordia said. Terms of the transactions were not disclosed.

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