USI to acquire Northwest Bank insurance subsidiary
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USI to acquire Northwest Bank insurance subsidiary

USI Northwest Bank logos abstract.jpg

Pennsylvania-based Northwest Bank last week announced that it has agreed to sell its insurance arm to USI for an undisclosed sum.

The unit being divested, which is called Northwest Insurance Services, is a wholly owned subsidiary of the bank, which specializes in property and casualty, life, disability and long-term care insurance, as well as group health, life and disability employee...

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