Daytona Beach, Fla.-based brokerage Brown & Brown Inc. announced the asset acquisition of Powers Agency Inc., based in Clarkston, Mich.
The Powers Agency, with annualized revenues of about $1 million, is a general commercial, personal lines and employee benefits insurance agency which serves a broad spectrum of clients throughout Michigan.
Jim Powers and his staff will continue to serve clients at their current Clarkston location, with Steve Randall, of Brown & Brown’s Flint, Mich., office, acting as profit center manager.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Portugal Deadly Floods Force Evacuations, Collapse Main Highway
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 

