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Indiana Broker Buys LTC Vendor

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Ash Brokerage Corp. has acquired Delta Financial Associates Inc., a long term care insurance distributor.

Ash, Fort Wayne, Ind., says the acquisition of Delta, Eatontown, N.J., will help it offer point-of-sale support for Ash advisors selling LTC insurance around the country.

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Peter Cross and other members of the Delta team will go to work for Ash, according to Mike Hefferon, co-president of Ash Brokerage.