Hilb, Rogal & Hobbs Acquires Surplus, Ltd.

NU Online News Service, Nov. 2, 11:15 a.m. EST–Hilb Rogal & Hobbs Company said it has acquired substantially all of the assets of Surplus, Ltd., a Texas-based managing general agency and excess & surplus lines insurance broker.[@@]

Terms of the transaction were not disclosed, the Richmond, Va.-based broker said.

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