6/3/2002
MTS, New Century Global, SPFM and Americana Financial Insurance Services Announce Merger
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.
