Union-focused insurance agency makes East Coast buy
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Chicago-based insurance agency Union Insurance Group has acquired Rockville, Maryland-based agency The McLaughlin Co.
Terms of the deal were not disclosed.
The agreement with Union Insurance, which specializes in property/casualty and professional liability products for labor organizations, will “provide McLaughlin clients continuing access to business insurance and risk management services,” Union Insurance said Saturday in a statement.
McLaughlin will remain in its Rockville, Maryland, location and operate under the Union Insurance Group name, according to Christopher DeCaigny, Union Insurance Group’s president.
“We are delighted to welcome (McLaughlin President and CEO) Ted Pappas and The McLaughlin Company’s entire team of experienced insurance professionals to Union Insurance Group,” Mr. DeCaigny said in the statement.
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