Frederick H. DiMeo Buys Hughes AllMart’s Personal Book in California
The Frederick H. DiMeo Insurance Agency Inc. has purchased the personal lines division of Union City, Calif.-based Hughes AllMart Insurance Agency.
The deal involves the acquisition of three insurance company books of business, adding roughly $400,000 of written premium to the agency’s current writings.
This is the second book of business purchased by the agency in the last few years. The agency purchased the personal lines book of business from Auto Plus Insurance Center two years ago.
Frederick H. DiMeo Insurance is based in Morgan Hill, Calif., and works with carriers including Safeco Insurance, Travelers, Mercury Insurance Group, CSE Insurance Group and Foremost Insurance Group.