WCHS Eyewitness News Home Charleston Eyewitness Newsroom Charleston Storm Team Weather Sports News TV Program Schedule Community Mobile: Smartphone,Tablet and SMS text Get Connected SMS Text Facebook Twitter See-It,Shoot-It RSS News Feed Email List Tumblr


Commercial Insurance Merges With Larger Entity

Reported: Jan. 22, 2014 1:13 PM EST
Updated: Jan. 22, 2014 2:36 PM EST
News Image

CHARLESTON, W.Va. (Bethany Simmons) -- A Charleston insurance company has merged with another company in Florida.

Commercial Insurance announced the completion of a merger with AssuredPartners Inc. of Lake Mary, Fla.

Commercial Insurance Services Inc. was founded in 1932 and specializes in commercial insurance, employee benefits services, health care reform consulting, workers' compensation insurance, risk management, human resources consulting, claims management and personal lines insurance.

“We’ve been a strategic partner for our clients for more than 80 years. Aligning our practice with a national firm will allow us to enhance the services we offer our clients through access to an incredible number of insurance products and services offerings,” said Frank A. Baer III, chief executive officer of Commercial Insurance Services Inc. “We’re excited to take this next step for our agency, and to continue helping our clients aggressively manage and mitigate the risk of loss in all its forms.”

Baer said Commercial Insurance "did not put ourselves up for sale – we identified and selected this strategic partner. AssuredPartners offered us an attractive model allowing us to all stay in place to continue providing the high level of customer service and innovative risk solutions our long term clients have come to expect.”

Raye King White, long‐time president of Commercial Insurance, added that the merger is "a terrific opportunity for us."

"Same great service team, same great sales and consulting team and same commitment to our clients and community," White said. "Being aligned with AssuredPartners will give us the tools and support to guide us forward, into the future.”

As part of the merger, 48 Commercial Insurance Services Inc. employees will join AssuredPartners of West Virginia LLC. The agency will continue to operate out of the existing Commercial Insurance locations in Charleston and Morgantown under the local leadership of Baer and White.

Commercial Insurance Services Inc. is AssuredPartners’ second acquisition in West Virginia. In 2011, AssuredPartners purchased Insurance Systems Inc. based in Huntington. Commercial Insurance Services Inc. will become the seventh AssuredPartners platform entity, joining Neace Lukens, headquartered in Louisville, Ky. SKCG, headquartered in White Plains, N.Y.; Jamison, headquartered in West
Orange, N.J.; Dawson Companies, headquartered in Cleveland, Ohio; SRA, headquartered in Kansas City, Kan.; and AHM, headquartered in St. Louis, Mo.

Tom Riley, president and chief operating officer of AssuredPartners Inc., said that
Commercial Insurance Services "embodies the attributes we evaluate when identifying firms for potential acquisitions. Their impressive business acumen, reputation and market footprint all fit with the AssuredPartners desired partner attributes, and this deal will help us grow the AssuredPartners presence in
West Virginia and in the surrounding states. We welcome Commercial Insurance Services employees to the AssuredPartners family, and look forward to providing innovative insurance programs to the clients.”

For more information, visit this website.

-Commercial Insurance photo.



MORE NEWS FROM EYEWITNESS NEWS
Layoff Announcement Comes As WV Politicians, Labor Leaders Rally For Coal Industry In Pa.
News
Aug. 1, 2014 12:16 AM EDT
Those proposed Alpha Natural layoffs hit close to home, ...
Full News Story and Video

Point Pleasant Fire Department Solicits Donations, Following Budget Cuts
News
Aug. 1, 2014 12:05 AM EDT
A local fire station is taking unusual action after ...
Full News Story and Video

911 Call Released After Police Respond To Disturbance Involving Kanawha Prosecutor
News
Jul. 31, 2014 7:16 PM EDT
A 911 call is released after police were called to ...
Full News Story and Video


News New Vintage Shop To Hold Grand Opening Friday And Saturday
Aug. 1, 2014 12:31 AM EDT
News
Jul. 31, 2014 11:29 PM EDT


Advertise on WCHS-TV Online

West Virginia News
Company cited for fatal W.Va. cell tower collapse

Federal officials have cited an Oklahoma company after two cellphone towers collapsed in West Virginia and killed three people.
Full Story

Kentucky News
Sinistra wins Evan Shipman at Saratoga

Sinistra edged Big Business by a nose Thursday in the $100,000 Evan Shipman for New York-breds at Saratoga Race Course.
Full Story

Ohio News
Signed ticket from Gehrig's last game nets $95,600

A ticket stub signed by Lou Gehrig on the day he retired from baseball has sold in a Cleveland auction for $95,600.
Full Story







Fugitive Files Tuesdays at 6 PM on Eyewitness News

West Virginia Wildlife Wednesdays at 6 PM on Eyewitness News

ABC News web site







Send Mail Send email to news@wchstv.com for information or comments concerning WCHS-TV Eyewitness News.
Copyright ©2014, WCHS-TV8. Portions are Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or distributed.

WCHS ABC 8 provides local news, weather forecasts, traffic updates, notices of events and items of interest in the community, sports and entertainment programming for Charleston and nearby towns and communities in the Tri-State area, including Huntington, Dunbar, Marmet, Montgomery, Nitro, South Charleston, St. Albans, Cedar Grove, Chesapeake, Clendenin, East Bank, Glasgow, Pratt, Cross Lanes, Elkview, Pinch, Sissonville, Big Chimney, Cabin Creek, Chelyan, Davis Creek, Institute, Jefferson, Loudendale, Mink Shoals, Pocatalico, Quick, Quincy, Rand, Buffalo, Eleanor, Hurricane, Nitro, Poca, Winfield, Culloden, Fraziers Bottom, Hometown, Red House, Scott Depot, Teays Valley, Danville, Madison, Hamlin, Logan, Chapmanville, Man, Delbarton, Kermit, Gilbert, Matewan, Williamson, Summersville, Richwood, Flatwoods, Gassaway, Sutton, Spencer, Ravenswood, Ripley, Mason, Point Pleasant, Ashland, Pikeville, Ironton, Portsmouth, Gallipolis, and Athens.