NU Online News Service, Dec. 22, 11:25 a.m. EST

Marsh & McLennan Agency LLC, announced its second acquisition of this year saying it has acquired The NIA Group, LLC. Financial terms of the deal were not released.

Established in 1926, The NIA Group has an annual revenue of $62 million and has offices in New Jersey, New York, Connecticut, and Florida. Headquartered in Paramus, N.J., the NIA Group has approximately 400 employees and provides property and casualty insurance, employee benefits, personal insurance, life insurance and estate planning. The deal also includes the acquisition of NIA's New York City office Kornreich-NIA

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