EBC - Eastern Bankshares company Eastern Insurance acquires Michals Insurance operating assets
Eastern Insurance, wholly owned subsidiary of Eastern Bank which is the stock holding company of Eastern Bankshares (EBC -1.7%), acquired the operating assets of Michals Insurance Agency,a full-service insurance agency located in Watertown, MA. The transaction is effective Mar. 1, 2022 and marks the 35th acquisition of an independent insurance agency by Eastern Insurance since 2002. Michals Insurance has served the insurance needs of individuals and businesses locally, nationally and internationally.
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Eastern Bankshares company Eastern Insurance acquires Michals Insurance operating assets