Dominion Insurance Company Becomes Part of The Peoples Bank & Trust Company.Business Editors TUPELO tupelo, in botany tupelo: see black gum. Tupelo, city, United States Tupelo (t  `pĭlō, ty , Miss.--(BUSINESS WIRE)--Nov. 27, 2000
In a joint statement, The Peoples Holding Company and Dominion dominion, power to rule, or that which is subject to rule. Before 1949 the term was used officially to describe the self-governing countries of the Commonwealth of Nations—e.g., Canada, Australia, or India. Insurance Company recently announced an agreement whereby The Dominion Insurance Agency was acquired by The Peoples Bank & Trust Company to be operated as its subsidiary. The agreement was effective on September 8, 2000, and The Dominion Insurance Agency will be merged into The Peoples Insurance Agency, Inc. during first quarter 2001. Dominion Insurance will continue to operate through its current location in Louisville with existing personnel. Dominion Insurance and The Peoples Insurance Agency, Inc. currently represent more than 50 leading insurance companies including St. Paul/USF&G, Great River, Kemper, MetLife, Farmers, CNA (Certified NetWare Administrator) See Novell certification. Safeco, State Auto, Grain Dealers Mutual, and Travelers, among others. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Peoples president Robin McGraw, this acquisition is not only in keeping with the competitive changes sweeping the marketplace, it will better position the bank to more completely fulfill the financial service needs of individuals and businesses. The addition of this agency into Peoples will provide customers a convenient, single source for banking and insurance products. The Peoples Holding Company (AMEX AMEX See: American Stock Exchange :PHC PHC Primary health care, see there ) is parent of Mississippi's fourth largest commercial bank headquartered in Mississippi. The Peoples Bank has assets of more than $1.2 billion and operates 41 branches in 27 North and North Central Mississippi cities. |
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