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Warner Purchases Schaefer Insurance

2012-01-09 08:00:00

Schaefer to Merge with Thompson Insurance to Become Thompson-Schaefer Insurance Agency

Fargo, ND - December 26, 2011 – Warner and Company Insurance of Fargo, North Dakota announced today that it has purchased Schaefer Insurance of Grand Forks, North Dakota. Effective December 31, 2011, Schaefer Insurance will merge with Grand Forks-based Thompson Insurance, a full-service insurance agency owned by Warner and Company. The resulting company will conduct business as Thompson-Schaefer Insurance Agency.

Warner and Company, founded in 1911, is one of the largest, independently-owned full-service insurance agencies in the region. Its services include business insurance, personal insurance, and life/health insurance. As a large, strong organization with local roots, its clients benefit from its access to national and regional insurance companies and from its community-focused presence and efforts. In addition to the Thompson-Schaefer location, Warner and Company’s other full-service insurance agencies include Kramer Agency in Bismarck, North Dakota and Schiller Insurance in Detroit Lakes, Minnesota.

Mike Schaefer has owned Schaefer Insurance since 1973. Well known in the insurance industry, Schaefer built his company by delivering great customer service and valuable advice. He will work on a part-time basis in the new organization.

“We extend our heartfelt congratulations to Mike on his upcoming semi-retirement,” said Brian Hayer, president and CEO of Warner and Company. “We extend a warm welcome to our new clients. We look forward to serving them with the same great service they’ve come to expect from Schaefer Insurance.”

Thompson-Schaefer Insurance Agency will be located at Thompson Insurance’s current location: 311 South Fourth Street, Suite 102, Grand Forks. The company will employ seven people.