Higginbotham in Texas Buys Commercial Insurance Unit of Extraco Banks

Extraco Banks has sold its commercial insurance operation to Fort Worth, Texas-based independent insurance broker, Higginbotham.

Extraco Insurance is a group of five property/casualty insurance professionals operating in Waco, Temple and Hamilton, Texas, for 19 years. The group will continue doing business under the name of Higginbotham.

Higginbotham entered the Waco market in 2009 with the acquisition of another local insurance agency. The addition of Extraco Insurance brings insurance professionals servicing more than 950 commercial clients that will strengthen Higginbotham’s presence in the Waco region.

Headquartered in Fort Worth, Higginbotham was founded in 1948 and has more than 30 additional offices in Texas, as well as locations in Oklahoma and Georgia serving domestic and international customers.

Source: Higginbotham