In Brief: Indiana United Buys Four-Town Agency

GREENSBURG, Ind. — Indiana United Bancorp has agreed to buy the four-office Vollmer & Associates insurance agency.

The deal is scheduled to close this quarter.

Vollmer has offices in Madison, Batesville, Osgood, and Brookville, Ind. The company, incorporated in 1996, specializes in property and casualty insurance.

It will be merged into Indiana United’s The Insurance Group Inc. That unit’s gross premiums and Vollmer’s totaled $13 million last year.

Indiana United has assets of $1.2 billion.

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