York Township, Pa.-based Glatfelter Insurance Group will acquire Professional Underwriters Company of Exton, Pa., the companies said today.
Anthony P. Campisi, Glatfelter president and chief executive officer, and William Kronenberg III, CEO of Professional Underwriter, in making the announcement did not disclose financial terms.
Mr. Campisi said that John Solari, who leads the Professional Underwriters underwriting team, will be promoted to executive vice president and chief underwriting officer of Glatfelter's Public Practice division and, along with his team, will continue to operate out of Exton.
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