FMIG Acquires Illinois’ Downs Insurance Agency

First Mid Insurance Group (FMIG) announce its acquisition of Downs Insurance Agency in Decatur, Illinois. The transaction closed on January 12, 2026.

The acquisition supports FMIG’s continued growth strategy across central Illinois and expands its presence in the Decatur market. Downs brings complementary expertise in small commercial and personal lines, further enhancing FMIG’s ability to serve clients throughout the region.

Clay Dean, Chief Executive Officer of First Mid Insurance Group, stated, “The addition of Brian Phipps and his team at Downs Insurance adds depth of expertise in our small commercial insurance vertical and strengthens our market presence in Decatur. Their experience and client-focused approach align well with our commitment to delivering high-quality insurance solutions.”

All employees of Downs Insurance will join First Mid Insurance Group.