First Horizon Insurance acquires Tennessee-based Sandlin Insurance

First Horizon Insurance acquires Sandlin Insurance

MEMPHIS, Tenn. — First Horizon Insurance Group Inc. said Thursday it has agreed to acquire the insurance business of Sandlin Insurance Agency of Germantown, Tenn.

The agency’s owner, Truman Sandlin, will continue to service the accounts for First Horizon, a division of First Tennessee Bank, the principal subsidiary of First Horizon National Corp.

First Horizon National shares rose 5 cents to $13.63. Shares have traded between $6.04 and $16.86 in the past year.

Financial details of the transaction were not immediately released.