Trucordia acquires Idaho's Fuhriman Insurance Business
By Isha Marathe
July 14 - (The Insurer) - Trucordia has acquired Fuhriman Insurance Business, a provider of auto, home, commercial, life, umbrella, renters, workers compensation, toys and pest control products based in Boise, Idaho.
The financial terms of the deal were not disclosed.
"(Fuhriman's) dedication to client education and their reputation for building deep relationships with their clients make them invaluable partners as we continue to deliver exceptional experiences and innovative solutions across insurance markets," said Felix Morgan, CEO of Trucordia.
In May, Trucordia acquired the insurance business of Huffman Insurance, a Virginia-based company offering personal and commercial solutions.
The company also said in June that it was set to receive a $1.3 billion strategic investment from Carlyle's Global Credit platform.
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