Bell Bank has announced its intent to purchase Warner and Company Insurance, a full-service insurance agency founded in Fargo more than 100 years ago.
Under the purchase agreement signed Wednesday, Jan. 23, Bell will purchase Warner and Company Insurance, as well as two of Warner and Company’s other full-service agencies: Schiller Insurance in Detroit Lakes and Thompson-Schaefer Insurance Agency in Grand Forks. Together, the three agencies have 30 employees.
Michael Solberg, president and CEO of Bell Bank, released a statement praising the partnership between the two longtime Fargo institutions.