IL Group Announces Acquisition

GULF SHORES, Ala., July 13, 2018 /PRNewswire/ — IL Group has announced that its president, David N. Stidham, Jr., recently acquired all outstanding shares of stock of the corporation. Stidham purchased the outstanding shares from business partner Lawrence “Larry” T. Cason, Jr. IL Group is a leading provider of customized insurance and related products and services to lending institutions nationwide.

Stidham has been with the company since 1994 and was named president in 2016. “I’m thrilled to have the opportunity to continue growing IL Group and continue providing the excellent products and services our clients and business partners have come to expect from us,” Stidham said. “This is an exciting time, and I’m looking forward to expanding our client base and product lineup.”  

With the full acquisition of IL Group, Larry Cason has also announced his retirement.

About IL Group
Founded in 1989, IL Group provides customized lender-placed and forced-placed insurance products and services to lending institutions nationwide. With a strong commitment and history of providing outstanding customer service, IL Group’s team of licensed agents leverages strong relationships with industry providers to furnish the right solution for each of our clients. For more information, please visit www.ilgroup.com.

CONTACT:               
April Boone    
For IL Group                          
800-634-8104