Relation Insurance Services has acquired North Carolina-based Rabon Insurance Agency, which was previously part of Nationwide’s exclusive distribution model.
Terms of the deal were not disclosed.
Rabon, headquartered in Monroe, North Carolina, provides personal and commercial lines insurance across the state, the company said in a news release. Ashley Rabon will continue to lead the agency.
Relation Insurance Services said it is a fast-growing national brokerage with 1,200 employees.
Was this article valuable?
Here are more articles you may enjoy.
Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
‘Cockroaches in My Food’ Claim Leads to Insurance Fraud Charge
Brightline Lands $350 Million Assured Loan in Case of Bankruptcy
AIG Executive Chair and Former CEO Zaffino Set to Exit for Palantir 

