C. Roy Bridges, regional president of Daytona Beach, Fla.-based Brown & Brown Inc. and Lloyd S. Ruland III and Philip M. Ruland, shareholders of Ruland & Mattingley Insurance Services Inc. of Laguna Hills, Calif., announced the acquisition of substantially all of the assets of Ruland & Mattingley Insurance Services Inc. by Brown & Brown of California, Inc., a subsidiary of Brown & Brown.
With annual revenues of approximately $1.1 million, Ruland & Mattingley offers employee benefits insurance products and services to businesses and individuals throughout southern California. Lloyd Ruland, Phil Ruland and their team will join Brown & Brown of California’s existing Orange, Calif., office, under the leadership of Tim Casey.
Brown & Brown Inc., through its subsidiaries, offers insurance and reinsurance products and related services. Additionally, certain Brown & Brown subsidiaries offer risk management, third-party administration, and other services.