Markel Insurance Company has acquired the social services program business of wholesaler Black/White & Associates Insurance. Terms of the deal were not released, said Britton L. Glisson, president and chief operating officer of Markel.
The Richmond, Va.-based insurer said the transaction is expected to be completed by April 1.
Black/White's Alameda, Calif., location will become a Markel Insurance Company underwriting and marketing office, and will continue servicing existing and new accounts, Markel said.
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