A longtime New Castle insurance agency has merged with another company.
Douglas McBride of McBride Shannon Insurance Agency, 125 N. Mill St., announced the firm as merged with the Marthinsen and Salvitti Insurance Group, effective Wednesday. The Washington, Pa., company has acquisitions in Greene, Washington and Allegheny counties.
McBride said Marthinsen and Salvitti represents 30 regional and national commercial carriers and the merger will lead to more competitive pricing and products and an expanded ability to sell commercial insurance.
McBride is the third generation to run the agency, which was started by his grandfather, Quincy McBride, in 1862. Oliver Shannon later merged with him and the business operated on Water Street until 1984, when it bought the Mill Street building from the Elks Club.
Douglas McBride joined the business in 1978 and operates it today with his wife, Janie. Two other employees — Kathy Pannutti, account executive, and Vicki Schooley, customer service representative — help operate the office. They will be joined by Ronald Ferraro of Marthinsen and Salvitti, a New Castle native.
Alan C. Marthinsen is president of Marthinsen and Salvitti and Al Marthinsen Sr. is vice president of corporate acquisitions. Ferraro is senior vice president.
McBride said customers will not notice any changes except “more competitiveness, services and professionalism.”
A letter will be sent to all customers notifying them of the merger.