Florida-based Brown & Brown Inc. has acquired four retail insurance agencies in central and southeastern Connecticut with combined revenues of $7.2 million.
The acquired agencies are McCutcheon Burr & Sons, of Middletown, The Gardner-Kirby Corp., of Meriden, Hedden Insurance, of Waterford and Stone Insurance Agencies, of Meriden.
Donald McGowan, executive vice president of Brown & Brown of Connecticut Inc., will oversee the newly acquired operations.
J. Scott Penny, regional executive vice president of Brown & Brown Inc, said “We have been impressed with the quality and integrity of these operations since we entered the Connecticut marketplace in 2001. This transaction significantly enhances our presence in the Constitution State and throughout New England.”
The selling agencies’ operations in Bridgeport, Jewett City and Marlborough, Connecticut, and their specialty programs for transportation and drag racing industry participants, were not part of this transaction, the company said.
__
Source: Brown & Brown Inc.
Was this article valuable?
Here are more articles you may enjoy.
Helicopter Crash in Georgia Kills Groom, Pilot, Hours After Huge Wedding Celebration 
Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’ 
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
Anthropic Plans Wide Release of Mythos-Level AI Models in Weeks 
