Towne Insurance, a subsidiary of Virginia based TowneBank, has acquired Southern Insurance Agency Inc. in Kitty Hawk, North Carolina.
The deal continues Towne’s expansion in North Carolina.
Southern Insurance will continue operating under its present name and leadership, serving Kitty Hawk, Corolla, Elizabeth City, Greenville, Wilmington, Columbia and Graham in North Carolina.
Was this article valuable?
Here are more articles you may enjoy.
Worst Start to Wildfire Season Raises Alarm as El Niño Threatens 
Hedge Funds Make Their Move as Litigation Finance Assets Slump 
Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less 
Ex-NFL Player Sentenced to 16 Years in Prison for $200M Medicare Fraud Scheme 
