Pacific Century Financial Corp. said it has agreed to purchase Triad/IAG Insurance Agency.

Honolulu-based Triad, a property and casualty company, is the fourth- largest insurance agency in Hawaii. The price was not disclosed.

Pacific Century, the $14.6 billion-asset parent of Bank of Hawaii, said it expects to begin selling property and casualty insurance through its branches in 2000.

Bank of Hawaii already offers life, health, disability, and credit insurance.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.