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 Personable Insurance Acquires First Insurance Network On March 28th, 2012 Personable Holdings, Inc. (Personable) acquired 100% of the stock of Smyrna, Georgia-based Network Holding, Inc. (Network). Network is the parent company of First Insurance Network, Inc., a managing general insurance agency, and Peachtree Casualty Insurance Company, a Florida-domiciled P&C insurance company licensed to write private passenger automobile insurance in 38 states. The acquisition expands Personable’s geographic footprint into two key new states, Florida and Georgia; brings almost 18,000 policyholders to the Company; and adds 400 new independent agent partners (see the full press release at Bloomberg).  |
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