B&B Acquisition To Combine Agencies

NU Online News Service, Jan. 29, 12:.13 p.m. EST?Daytona Beach, Fla. ? based insurance broker Brown & Brown said it has acquired Jim Wallace Agency, Inc., in Opelousas, La.

The Jim Wallace Agency, with annualized revenues of approximately $625,000, focuses on commercial and personal lines insurance. The agency will be combined with the Brown & Brown's Louisiana subsidiary, the Huval Companies.

Terms of acquisition, which became effective Jan. 1, were not announced.

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