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.
Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar 
MMA Sues Former Specialty Marine Head Over Move to Howden US 
Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida 
Lemonade Books Q3 Net Loss of $37.5 Million 
