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Business

Hunt Valley's PSA acquires risk management firm Councill

PSA Insurance & Financial Services announced Thursday that it has acquired the Towson-based health care risk management firm Councill.

PSA is an insurance and financial services firm based in Hunt Valley. Councill focuses on nursing homes, assisted living and independent living facilities, brokering property and casualty insurance and administering other insurance.

Nancy Councill, president of the Towson firm, and her eight employees will join PSA, operating under the name PSA Healthcare Risk Solutions.

"The PSA brand enables us to provide clients with services not currently offered by Councill, and will enhance productivity and growth through technology, marketing and operational support," Nancy Councill said in a statement.

Terms of the deal were not disclosed.

Copyright © 2014, The Baltimore Sun
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