B&B Acquires Calif. Agency

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NU Online News Service, Feb. 18, 11:06 a.m.EST?Insurance broker Brown & Brown announced theacquisition of J.C. Whilt & Company, Insurance Service Inc., ofSanta Barbara Calif.

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Terms of the transaction were not disclosed.

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Daytona Beach, Fla.-based Brown & Brown said the agency,with $2.5 in annual revenue, is a multi-line commercial insuranceagency serving the property-casualty, employee benefits andpersonal insurance needs of Central California's residents andbusinesses.

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The broker said that J.C. Whilt would combine with an existingSanta Barbara, Calif., Brown & Brown office, MFC&VInsurance Services.

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