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American Wholesale Insurance Group, the nation’s largest independent wholesale insurance broker, announces it has completed the acquisition of Seaboard Underwriters, Inc., a leading provider of insurance solutions for the transportation industry.

Officials at American Wholesale Insurance Group, Inc. (American Wholesale), a Charlotte-based wholesale insurance distribution holding company, announced on September 30, 2002, that the company has officially completed the acquisition of Woodus K. Humphrey & Company, Inc. of Shreveport, LA.

Americana Financial Services, Inc., a wholesale insurance distribution holding company today announced its merger with MTS Insurance Services, LLC, (MTS) of Chatsworth, CA, New Century Global, Inc., (New Century) of New York, NY and Specialty Programs & Facilities Managers, Inc., (SPFM) of Pasadena, CA. Now, with more than 300 employees and 16 locations nationwide, the company is poised to fully partner with the retail brokerage community. To most accurately reflect the merger and the origin of its combined organizations, the company has changed the name of its holding company from Americana Financial Services, Inc. to American Wholesale Insurance Group, Inc.

Americana Financial Services is the corporate entity for five highly successful insurance organizations.