Two local businesses that began serving their clients in the early years of the last century are now combining to serve the region’s communities in the years ahead. Nasburg & Company Insurance and Huggins Insurance, both of Coos Bay, merged on March 31 to become Nasburg Huggins Insurance, and at the same time entered into an affiliation with Leavitt Group, one of the largest insurance brokerages in the nation. The announcement comes from the agencies’ principals, Ed Ellingsen of Nasburg & Company Insurance, and Bob Huggins of Huggins Insurance.
According to Ellingsen, “Our agencies represent decades of experience and successful operation with similar philosophies and ways of doing business with our clients.” The ties the businesses share with the people of the South Coast began in 1906 for Nasburg & Company and 1919 for Huggins Insurance. “This longevity and tradition of personal service point to a strong future for the merged organization. We are confident that this combination will be beneficial for our clients,” notes Ellingsen.
“Leavitt Group’s experience in insurance, risk management and employee benefits will substantially increase our ability to serve our clients,” according to Huggins. “We are grateful for this new partnership and proud to incorporate the Leavitt Group name into our identity.”
Ellingsen will be the managing co-owner of the merged agencies. Ellingsen began his insurance career in Portland with Equitable Life Insurance, and became owner of Nasburg & Company in 1993. He served as president of the Professional Insurance Agents of Oregon/Idaho, and holds the professional designations of Life Underwriter Training Council Fellow and Certified Insurance Counselor. A fourth generation Coos County native, he earned a bachelor’s degree in forest management from Oregon State University.
Huggins joined Huggins Insurance in 1977 after seven years in banking and at Safeco Insurance in Portland. In 1989, he purchased the agency, which was founded by his grandfather. Huggins served as president of the Independent Insurance Agents and Brokers of Oregon, and is a Certified Insurance Counselor. He has been the executive director of the Prefontaine Memorial Run since 1980. Huggins is a graduate of the University of Oregon with a bachelor’s degree in economics.
Each agency will continue to operate independently at their respective offices until May 4, when the Huggins office will move to the Nasburg building at 375 South 4th Street in Coos Bay. The merger will not affect customer policies, and familiar personnel will be on hand to assist clients.