Engle Martin & Associates Inc. has acquired Totura & Co. for an undisclosed amount.
Totura, headquartered in Fort Lauderdale, Fla., is a regional claims adjusting firm.
Atlanta-based Engle Martin provides loss adjusting and claims management. The company expects the acquisition to strengthen its market presence in Florida and add to its casualty adjusting capabilities.
The deal comes as the insurance industry continues to consolidate, with recent deals by Confie Seguros, which bought Ida Tunnell Insurancein March, and Kohlberg Kravis Roberts & Co. LP's (NYSE: KKR) deal for a majority stake in Sedgwick Claims Management Services Inc. in January.