Consumers Financial Corporation announced that it has signed a
contract to purchase Fear & Fear, Inc., an insurance agency with 10 offices located in and around Syracuse, New York. The transaction is valued at $6 million and the closing date is to be set in the next 90 days.
Fear & Fear specializes in automobile insurance and its service area covers most of central and northern New York state. The company currently generates approximately $3 million in earned income from premiums.
Consumers Financial Corporation is a diversified merchant banking and financial services company.
Topics Mergers & Acquisitions New York
Was this article valuable?
Here are more articles you may enjoy.
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
What Analysts Are Saying About the 2026 P/C Insurance Market 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
