EDMONTON, ALBERTA-(June 14, 2005) – Shumka Craig & Moore Adjusters Canada Ltd. (“SCM”) announced today that it has acquired Custard Insurance Adjusters Canada Inc. (“CIA”), one of Canada’s strongest regional firms with 11 branches in Ontario.
The acquisition now provides SCM with over 60 branches from coast to coast and clearly establishes the company as one of Canada’s top three independent insurance adjusting firms.
Commenting on this latest acquisition, Larry Shumka, President and CEO of SCM said, “We are very pleased with this latest acquisition. Custard Canada has an extremely strong operation with great people and a proven track record of solid results. Not only will our Ontario operation benefit from this deal, but we believe it will catalyze business across all of our Canadian branches. SCM is now solidly one of the largest adjusting firms in Canada. We look forward to our enhanced ability to service all clients and customers resulting from our expanded operational and technical base.”
CIA was established in 1997 by Custard Insurance Adjusters, Inc. (“Custard”). Privately held and headquartered in Atlanta, Georgia, Custard is one of the leading independent insurance adjusting firms in the United States, with over 200 offices across 48 states.
Headquartered in Edmonton, Alberta, Shumka Craig & Moore Adjusters Canada Ltd. is one of Canada’s largest independent insurance adjusting firms, with over 60 branches from coast to coast. SCM provides comprehensive claims management services to property and casualty insurers, corporations and other self insured entities. Focus areas include third party claims administration, major loss resolution, as well as general adjusting services across all lines. For more on Shumka Craig & Moore Adjusters visit www.scm.ca.