HRH Acquires Pennsylvania Agency

February 12, 2001

Hilb, Rogal and Hamilton Co. has acquired substantially all of the operating assets of Palley Simon Associates Inc., a full-service insurance agency in Jenkintown, Penn.

With approximately $3 million in annual revenues and 25 employees, Palley Simon has been providing both commercial and personal lines coverages for almost 30 years. It is the leading writer of property and casualty coverage for schools in Southeastern Pennsylvania.

Operations will initially continue at its present location, but integration with HRH’s office in Philadelphia should be complete by the end of 2001. C. Hall Vetterlein Jr., president of HRH of Philadelphia and Steven C. Deal, Mid-Atlantic Regional Director will oversee the combined operation.

HRH boasts approximately 80 offices in the United States and is one of the 10 largest insurance intermediaries in the nation.

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