Daytona Beach, Fla.-based brokerage Brown & Brown Inc. announced the asset acquisition of Powers Agency Inc., based in Clarkston, Mich.
The Powers Agency, with annualized revenues of about $1 million, is a general commercial, personal lines and employee benefits insurance agency which serves a broad spectrum of clients throughout Michigan.
Jim Powers and his staff will continue to serve clients at their current Clarkston location, with Steve Randall, of Brown & Brown’s Flint, Mich., office, acting as profit center manager.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Intersecting Risks and the Future of Construction Insurance 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
NAIC Victim of Cyber Incident Via PeopleSoft System 
