The King Insurance brokerage firm has acquired Ameriway Insurance Co., based in Fernandina Beach, Florida, the companies announced.
Ameriway provides commercial and personal lines coverage and was founded by Charles Hayes. He will continue to run the operation until his retirement, King noted in a news release.
King was founded in 1974 in Gainesville, Florida, and provides property/casualty and employee benefits products. It has continued to expand in recent months with a number of acquisitions.
Was this article valuable?
Here are more articles you may enjoy.
Pritzker Signs Bills Giving Insurance Department Power to Overturn Rate Changes
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk?
Delta Probing Unauthorized Wi-Fi on Flight After Hacker Event
Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return? 

