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CRES Insurance Purchases HISCO Home Warranty

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RISMEDIA, May 21, 2009-AllCam Holdings, Inc. the parent company of CRES Insurance Services, LLC, announced the completion of the purchase of all shares in Dublin, CA based HISCO Home Warranty.

HISCO, one of California’s oldest licensed home warranty companies has protected homeowners from after-sale problems for more than 30 years. HISCO underwrites and administers warranties in California under its name and under the CRES Home Warranty brand.

“There is great synergy between CRES and HISCO. We protect hundreds of thousands of real estate transactions each year so protecting brokers, agents, home buyers and home sellers with another piece of the transaction puzzle is ideal,” says Dave Miller, vice president, CRES. “We look forward to leveraging HISCO products with CRES’ other offerings to provide maximum protection to every participant in a real estate transaction.”

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