Brown & Brown announced two acquisitions, one of which has lead to the opening of a new market for public entity professional liability insurance.
The Daytona Beach, Fla.-based insurance broker said Brown & Brown Public Entity Services, a managing general agency and program administrator, has acquired the Governmental Programs Division of U.S. Risk, L.P., of Dallas. No terms were announced.
Public Entity Services is a division of Program Management Services Inc., a subsidiary of Brown & Brown.
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