NU Online News Service, Feb. 7, 1:45 p.m. EST
Two major insurance brokers announced acquisitions today with Marsh & McLennan Agency (MMA) acquiring Hampton Roads Bonding and Hub International Ltd. acquiring Knight Insurance Agency, Inc.
MMA, a subsidiary of New York-based insurance broker Marsh, a member of Marsh & McLennan Companies, said it has acquired Hampton Roads Bonding (HRB), a surety bonding agency for commercial, road, utility, maritime, and governmental contractors in Virginia.
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