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Their view: Longing for the comforts of home

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Brianna Miriam DePierro and Aaron Joseph Littzi united in marriage

<p>WILKES-BARRE &#8212; Group1001 has announced it will acquire 100% of Lackawanna Casualty Company and its wholly-owned subsidiaries, Lackawanna American Insurance Company and Lackawanna National Insurance Company, together known as &#8220;Lackawanna Insurance Group.&#8221;</p><p>Lackawanna is currently the seventh largest writer of workers&#8217; compensation in Pennsylvania. Group1001 plans to expand its Clear Spring Insurance brand of insurance companies by purchasing Lackawanna and leveraging all of its employees and technology.</p><p>Lackawanna Insurance Group will continue to operate out of its current Wilkes-Barre offices and all of its employees will remain in their current roles.</p><p>While terms of the agreement are not publicly disclosed, Group1001 expects to close the transaction by the end of March 2019.</p><p>Merger &amp; Acquisition Services, Inc. served as financial advisor and Drinker Biddle &amp; Reath LLP provided legal services to Group 1001.</p><p>Keefe, Bruyette &amp; Woods, a Stifel Company, served as financial advisor and Cozen O&#8217;Connor provided legal services to Lackawanna Insurance Group.</p><style>
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Group1001 acquires Lackawanna Insurance Group