News | April 8, 1998

First Security Insurance Inc. Acquires Wasatch Front Agencies

First Security Insurance Inc. has acquired Commercial West Insurance Agency of Salt Lake City Inc., Commercial West Insurance Agency of Northern Utah (Ogden) and Commercial West Insurance Agency of Provo. The agencies have provided contractors and other business clients with property, casualty and surety insurance since 1975.

Terms of the transaction were not disclosed.

"By acquiring the Commercial West Insurance agencies, First Security Insurance strengthens its position in one of our key market niches-meeting the needs of commercial clients along the Wasatch Front," says Dan Schull, president and chief executive officer of First Security Insurance.

The principals of the Commercial West agencies, Kevin Andrews, Jim Brown and Randy Emery, collectively bring to First Security Insurance more than 75 years of insurance, bonding and banking experience.

First Security Insurance has been active in the Intermountain West insurance industry since 1931. As an independent insurance agency, it represents many of the nation's top-rated insurers and offers a wide range of insurance and benefits products for consumer and commercial needs.