Acordia, Inc. Acquires Baldwin & Whitney; America's Fifth Largest Insurance Brokerage Purchases Leading Dayton Agency.Business Editors CHICAGO--(BUSINESS WIRE)--May 3, 2004 Acordia, Inc., America's fifth largest insurance brokerage and a subsidiary of Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. & Company (NYSE NYSE See: New York Stock Exchange :WFC WFC Wi-Fi Connection (Nintendo gaming service) WFC Wide-Field Camera WFC World Financial Center (New York) WFC Workforce Center WFC World Federation of Chiropractic WFC World Food Council ), acquired Baldwin & Whitney, one of the oldest and largest independent insurance agencies in the Midwest. The acquisition doubles the size of Acordia's operations in Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. . Terms of the transaction were not disclosed. The acquisition, completed May 1, 2004, is Acordia's 14th since it became a part of Wells Fargo three years ago. Baldwin & Whitney has served clients since 1881, and the agency's professional staff will continue serving clients from its current location. Baldwin & Whitney offers clients a complete array of services including commercial property & casualty insurance, personal insurance, professional liability insurance, employment practices liability insurance, aircraft insurance, life insurance, health insurance, annuities, mutual funds and employee benefits. "We'll continue to provide top quality service to our clients the same as we have in the past," said Baldwin & Whitney managing partners Edward Blommel, Don Driskell and Larry McDonald Lawrence Patton McDonald (April 1 1935 – September 1 1983) was a member of the United States House of Representatives, representing the seventh congressional district of Georgia. McDonald was killed in the shoot-down of Korean Air Flight 007. . "Joining Acordia will be a great plus for our clients as we will be able to expand our insurance and risk management resources to help protect our clients' assets. Acordia opens up more markets to clients, and we can now offer our clients not only insurance products and risk management services, but also financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. through Wells Fargo." "We're all excited about this new association with Baldwin & Whitney," said Dan Goldapp, Regional Managing Director of Acordia's Midwest Region. "We have similar philosophies about professionalism professionalism the upholding by individuals of the principles, laws, ethics and conventions of their profession. and quality client service. Baldwin & Whitey whit·ey also Whit·ey n. pl. whit·eys Offensive Slang Used as a disparaging term for a white person or white people. Noun 1. is an outstanding brokerage firm with very respected insurance professionals. The addition of Baldwin & Whitney will strengthen our presence in Ohio." "Acordia has built its reputation in the insurance brokerage world by acquiring retail brokerage operations around the country and also growing market share by satisfying all its customer's insurance needs," said Kevin W. Conboy, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Acordia, Inc. "Combining our national resources with great agencies like Baldwin & Whitney who have local experience and expertise, enables us to meet the financial needs of a whole new group of customers." Conboy said Acordia will continue to look for acquisition opportunities that fit its operating philosophy and that expand Wells Fargo's reach both inside and outside its 23 banking states. Significant Acquisitions Since May 1, 2001 ---------------------------------------------------------------------- H&R Phillips, Inc. New York December 2001 ---------------------------------------------------------------------- Risk Management Services, Inc. Tennessee December 2001 ---------------------------------------------------------------------- Alcalay Cohen, Inc. d/b/a California February 2002 General Insurance ---------------------------------------------------------------------- Daniel Nowels Agency Colorado November 2002 ---------------------------------------------------------------------- Pate Insurance Agency Alaska January 2003 ---------------------------------------------------------------------- RMC2 Illinois & Florida July 2003 ---------------------------------------------------------------------- Care Insurance Services Nebraska August 2003 ---------------------------------------------------------------------- Wisenberg Insurance + Risk Texas September 2003 Management ---------------------------------------------------------------------- McDermott Brokerage Nebraska September 2003 ---------------------------------------------------------------------- Goodritz-Emanuel Pennsylvania September 2003 ---------------------------------------------------------------------- Malenas Insurance Agency Ohio October 2003 ---------------------------------------------------------------------- Feeney Durler West California January 2004 ---------------------------------------------------------------------- Sacia Risk Solutions Washington March 2004 ---------------------------------------------------------------------- Baldwin & Whitney Ohio May 2004 ---------------------------------------------------------------------- About Acordia Acordia, Inc., headquartered in Chicago, Ill., is the world's sixth largest insurance brokerage and the largest bank-owned insurance brokerage in the U.S., with over 150 offices in 38 states. Its 4,500 insurance professionals place in excess of $6.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products. Acordia is a subsidiary of Wells Fargo & Company, a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services company with $388 billion in assets, providing banking, insurance, investments, mortgage and consumer finance from more than 5,900 stores, the internet (wellsfargo.com), and other distribution channels across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and elsewhere internationally. Wells Fargo Bank, N.A. is the only "Aaa"-rated bank in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Acordia is also a member of HLA HLA human leukocyte antigens. HLA abbr. human leukocyte antigen HLA (human leuckocyte antigen) Global Network. HLA Global, a partnership between London-based Heath heath, tract of open land heath, tract of open land characterized by a few scattered trees, abundant moss cover, and numerous low shrubs, principally of the heath family (see heath, in botany). Lambert Lambert may refer to
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