NU Online News Service, Dec. 14, 3:54 p.m. EST

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Insurance brokers Brown & Brown and Integro recentlyannounced several acquisitions in California and New York.

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Daytona Beach, Fla.-based insurance broker Brown & BrownInc. said it has acquired Laguna Hills, Calif.-based Ruland &Mattingley Insurance Services Inc. and Ladd's Agency Inc. locatedin North Syracuse, N.Y.

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With annual revenues of approximately $1.1 million, Ruland &Mattingley offers employee benefits insurance products and servicesto businesses and individuals throughout southern California. Thefirm was founded in 1965.

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Principal shareholders Lloyd S. Ruland, Philip M. Ruland andtheir team will join Brown & Brown of California's existingOrange, Calif. office, under the leadership of Tim Casey.

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Ladd's Agency was acquired from Alliance Financial Corp., anindependent financial holding company headquartered in Syracuse,N.Y.

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With annualized revenues of approximately $1.4 million, Ladd'sAgency and its predecessors have been providing insurance productsand services to businesses and individuals in the greater Syracusemetropolitan area since 1928. The acquisition includes certainassets of two wholly owned subsidiaries of Ladd's.

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Ladd's operations will relocate to Brown & Brown of NewYork's existing office in Syracuse, under the leadership of NickDereszynski.

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New York-based insurance broker Integro said its reinsuranceadvisory and brokerage operation, ReSource Intermediaries Inc., hasacquired Reinsurance Advisory Services Inc. (RAS), a risk advisorand reinsurance intermediary focused on health care. The firmdescribed it as a small acquisition.

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San Francisco-based RAS was launched in 2003 and continues to beled by founder Peter Robinson, who will report to ReSourceIntermediaries President Bob Kennedy.

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RAS, with deep expertise in managed health care, health,accident, property catastrophe and casualty reinsurance markets,works extensively with health plans and insurance companies ownedby multi-hospital systems and other provider groups. The firm'sclient base includes national, regional and purpose-built insurancecompanies; federal and state governmental entities; alternativerisk entities such as captives and risk retention groups; andmanaging general underwriters.

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Financial terms of the transactions were not disclosed.

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