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Iowa-based insurance agency acquires MidWestOne Insurance

Ratcliff & Blake Insurance Professionals Inc. acquired fellow Iowa-based MidWestOne Insurance Services Inc., effective July 1.

Ratcliff & Blake President Billy Blake and Vice President Margaret Ratcliff purchased MidWestOne Insurance's agencies in Oskaloosa, Pella, Melbourne and Cedar Falls, including the headquarters in Oskaloosa.

MidWestOne Insurance was previously owned by MidWestOne Financial Group Inc.