First Mid Insurance Group, Mattoon, Ill., recently acquired Decatur, Ill.-based Downs Insurance Agency..The transaction, which closed last month, continued First Mid Insurance’s growth in central Illinois while expanding its footprint in Decatur. First Mid Insurance Group is one of the largest independent brokers in the Midwest with locations in Illinois, Missouri and Wisconsin. The group is a subsidiary of $7.8 billion First Mid Bank & Trust. The acquisition “adds expertise in our small commercial insurance vertical and strengthens our market presence in Decatur,” said First Mid Insurance Group CEO Clay Dean. “Their experience and client-focused approach align well with our commitment to delivering high-quality insurance solutions,” he added.
