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Element Risk Management acquires Pa. agency

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Element Risk Management acquires Pa. agency

West Chester, Pa.-based independent agency ElementRisk Management acquired Pittsburgh-based independent agency Barnett InsuranceInc., the Insurance Journal reportedApril 5.

The terms of the deal were not disclosed, according tothe report.

Element Risk Management's areas of focus include realestate, construction and energy. Barnett Insurance's commercial lines focus ontrucking, contractors, restaurant packages, commercial property and packageprograms.

Barnett Insurance, which will do business as ElementRisk Management, is staying in Pittsburgh, the publication reported.