Reliable Reports Inc., a data collection company serving the property and casualty insurance industry, has made an acquisition it says will permit it to expand into virtually all states east of the Rocky Mountains.
The announcement that Lewisville, Texas-based Reliable has acquired substantially all the assets of CIG Property Inspections (CIG), a provider of data collection services to p-c underwriters in 11 states in the Northeast, was made by Reliable's parent, the Bryan, Texas-based Adam Corporation/Group (TAC).
TAC said the owners of CIG, Edward A. Coan Jr. and Michael W. Coan, have agreed to serve in executive-level roles within Reliable. Terms of the transaction were not disclosed.
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