Brown & Brown, Inc. Announces the Asset Acquisition of Loving and Etheredge, Inc. d/b/a Texas Commercial Insurance Facilities and Arkansas Insurance Facilities, Inc.
Brown & Brown, Inc. (BRO)
Last brown & brown, inc. earnings: 4/27 05:00 pm
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Source: GlobeNewswire
DAYTONA BEACH, Fla., June 19, 2018 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO); Don H. Etheredge and Randle H. Loving, the principals of Loving and Etheredge, Inc. d/b/a Texas Commercial Insurance Facilities (TCIF); and Jason C. Sutterfield, who, together with Messrs. Etheredge and Loving, is principal of TCIF’s affiliate, Arkansas Insurance Facilities, Inc. (AIF), today announced that Texas Security General Insurance Agency, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of TCIF and AIF. TCIF was founded in 1990 by Don Etheredge and Harold Loving and serves as a managing general agent (MGA) for Texas retail insurance agents placing commercial and personal surplus lines property and casualty business. AIF provides similar services for retail agents in Arkansas, and together, they have annual revenues of approximately $2 million. Following the acquisition, the TCIF and AIF teams will join
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- 4/22/24 - Beat
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- 4/24/24 - Form 10-Q
- 4/22/24 - Form 8-K
- 4/11/24 - Form 8-K
- BRO's page on the SEC website