HRH Buys Rose Smith Tucker
|NU Online News Service, June 8, 11:59 a.m.EDT?Hilb Rogal & Hobbs Company said today that it hasacquired the operating assets of Rose Smith Tucker, LLC, based inKnoxville, Tenn.[@@]
|Terms of the transaction were not disclosed, the Richmond,Va.-based insurance broker said.
|Generating approximately $4 million in revenue in 2003, RSTspecializes in property-casualty risks for the mining and energyindustries and commercial surety bonds across the UnitedStates.
|RST will become part of HRH's Mid-Atlantic region under thedirection of Steven C. Deal, regional director. Its existing teamof professionals will remain intact and continue to serve clients,HRH said.
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