The chief executive of Sky Insurance, a bank-owned insuranceagency, said its acquisition of an outlet in Pittsburgh is part ofa plan to grow the company to $90 million in revenue by 2007.

Sky said yesterday it had purchased Peter B. Burke Agency Inc.,a full-service insurance agency specializing in property-casualtyinsurance and surety services since its founding by Peter Burke in1995. Terms were not disclosed.

Jerry Batt, chief executive officer of Sky Insurance, asubsidiary of Sky Financial Group Inc., the holding company ofBowling Green, Ohio-based Sky Bank, told National Underwriter thatthe acquisition is small for Sky Insurance but contains “some niceyoung talent,” and the agency has enjoyed “friendly competition”with Sky over the years.

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