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News Breaks
16:11 EDTBRO
theflyonthewall.com: Brown & Brown subsidiary acquires Anchor Bay accounts
Hull & Company, a wholly-owned subsidiary of Brown & Brown, has acquired certain wholesale insurance accounts from Anchor Bay Insurance Managers. The acquired accounts, with annualized revenues of approximately $1.1M, will be serviced out of Hull's existing Gig Harbor, WA office, and Hull will also hire several Anchor Bay employees. Anchor Bay Insurance Managers will continue to operate but with a more specific focus on the restaurant and bar trade, and clients with environmental exposures. :theflyonthewall.com



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February 1, 2010
14:22 EDTBRO
theflyonthewall.com: Brown & Brown unit acquires assets of Insurance Exchange
The acquired assets, with annual revenues of approximately $2M, comprise the selling entity's "Insurance Exchange" division, which has served the commercial and personal lines property and casualty insurance needs of clients throughout New Mexico since 1975. The acquired operations will combine with Brown & Brown's existing Albuquerque profit center, under the leadership of Scott Jones. The selling entity's INEX division was not part of this transaction and will continue to operate from its existing Albuquerque location. :theflyonthewall.com