Brown & Brown Insurance Agency of Virginia Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of LRS&C.
Brown & Brown Inc. is an insurance brokerage firm providing risk management to individuals and businesses.
LRS&C traces its roots back to July 1917 in Virginia and Washington, D.C. The firm provides a variety of personal and business insurance products and services to clients in the Mid-Atlantic region of the U.S.
Following the acquisition, the LRS&C team will join Brown & Brown’s existing Manassas, Va., office and will operate under the leadership of Brown & Brown Insurance Agency of Virginia President Bill Strachan.
Source: Brown & Brown Inc.
Topics Mergers & Acquisitions Virginia
Was this article valuable?
Here are more articles you may enjoy.
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 

