NU Online News Service, July 20, 2:15 p.m. EDT

Short Hills, N.J.-based insurance broker Bollinger Inc. said it has acquired David Szerlip and Associates of Berkeley Heights, N.J.

Financial terms of the transaction were not released.

Szerlip specializes exclusively in property and casualty insurance programs for nonprofit organizations, ranging from large international nonprofits to small start-ups.

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