Tampa insurance firm is acquired
January 12, 2023 - Sarasota-based Purmort and Martin Insurance Agency, one of the largest locally owned insurance agencies, has acquired Tampa-based Lovinger Insurance, a property and casualty insurance firm. “As Purmort & Martin looks to further expand our presence in southwest Florida, Lovinger Insurance was a natural fit for us with its tremendous reputation for excellent customer service in the market and its combination of personal and commercial lines of coverage,” Russ Bobbitt, president and CEO of Purmort and Martin Insurance Agency, said in a release. Lovinger Insurance will keep its name as a DBA while operating under Purmort and Martin's umbrella. Financial details of the acquisition were not disclosed.