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First Merchants Corporation Announces Sale of First Merchants Insurance Group

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MUNCIE, Ind.--(BUSINESS WIRE)--First Merchants Corporation (NASDAQ – FRME) announced the sale of First Merchants Insurance Group (FMIG), a licensed insurance agency affiliate of First Merchants Bank, N.A. to USI Insurance Services, effective June 12, 2015. FMIG currently operates a full service property, casualty, personal lines and healthcare insurance agency, with four offices located in Delaware, Hamilton, Madison and Randolph counties. First Merchants entered the insurance business in 1998

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