Richmond, Va.-based insurance broker Hilb Rogal & HobbsCompany said it has purchased a book of accounts from BenchmarkInsurance Company, an underwriter of retail grocers.
Terms of the deal were not released.
HRH said the accounts were purchased by the firm's Oklahomaoperation and will be managed by the branch president, FrankShadid. HRH said the accounts had a revenue base of over $900,000in 2005.
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