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.
Eastern States’ Grocers Shut Online Systems After Cyberattack 
Friend of Suspected FBI Data Thief: ‘Crazy’ Teen Warned Not to Hack Bureau 
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says 
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says 
