Brown & Brown Acquires A California Agency

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NU Online News Service, Jan 3, 3:46 p.m.EST?Insurance broker Brown & Brown Inc. announced thecompletion of its acquisition of MFC&V Insurance Services, withoffices in Santa Barbara, Lompoc and Camarillo, Calif.

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The MFC&V is a multi-line agency dealing in commercialproperty-casualty, life and group health benefits, with annualrevenues of approximately $12 million, the broker said. The firmhas been doing business in the region for 67 years.

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The entire management team and staff will join Daytona Beach,Fla.-based Brown & Brown and continue to serve clients fromtheir current locations as freestanding operations.

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