POE & ASSOCIATES, INC. ANNOUNCES ACQUISITION OF GIBLON & CLAFFEY AGENCY, INC.
POE & ASSOCIATES, INC. ANNOUNCES ACQUISITION OF GIBLON & CLAFFEY AGENCY, INC. TAMPA, Fla., April 27 /PRNewswire/ -- William F. Poe, chairman of the board of Poe & Associates, Inc. (NASDAQ-NMS: POEA), and George E. "Ted" Claffey Jr., president of Giblon & Claffey Agency, Inc., today announced the Giblon & Claffey Agency's merger with Poe. Giblon & Claffey is one of New Jersey's pioneer and leading commercial property and casualty agencies. Located in Clark, N.J., the firm is an acknowledged leader in providing insurance and surety service to the construction industry. Poe commented: "We are pleased to have 'Ted' Claffey and Joe Claffey and their staff of 20 insurance professionals as part of Poe's growing presence in New Jersey. The resources of this eighty-year-old organization provides us with substantial new strength in this important Northeast market." Claffey stated that, "This merger provides us with a new, strong resource with which to even better serve current customers and assist us in entering new arenas." Poe & Associates, Inc., a general insurance agency headquartered in Tampa, Fla., is among the nation's leading independent insurance agency organizations. The company has offices throughout Florida, and in Arizona, California, Colorado, Connecticut, Georgia, New Jersey, North Carolina and Texas. -0- 4/27/92 /CONTACT: William F. Poe, chairman of the board of Poe & Associates, Inc., 813-222-4100/ (POEA) CO: Poe & Associates, Inc.; Giblon & Claffey Agency, Inc. ST: Florida, New Jersey IN: INS SU: TNM
EA-BN -- AT015 -- 3381 04/27/92 16:49 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Apr 27, 1992|
|Previous Article:||NUVEEN FUNDS' SHAREHOLDERS APPROVE REVISED MANAGEMENT FEES|
|Next Article:||FIRST CITIZENS BANCSHARES DECLARES DIVIDEND|