Northwest Bancshares in Warren, Pa., has agreed to buy Best Insurance Agency, an employee benefits and property and casualty insurance firm in Butler, Pa.
The $9 billion-asset Northwest did not disclose the financial terms of the deal, which is expected to close April 1. Don Best, one of the insurance agency’s four remaining principals, will lead strategic initiatives tied to personal insurance across all of Northwest’s markets.
“This addition reinforces our dedication to providing best-in-class insurance products and award-winning customer service to the businesses and families we serve,” Douglas Bert, Northwest’s senior vice president of insurance services, said in a press release Tuesday.
