B&B Acquires Houston Agency
|NU Online News Service, Nov. 25, 12:10 p.m.EST?Insurance broker Brown & Brown, Inc., has acquiredBenefit Dynamics, Inc.-based in Houston, Texas.
|Michael A. Garguilo, president and chief operating officer ofBrown & Brown Insurance Services of Texas, Inc., a wholly ownedsubsidiary of Daytona Beach, Fla.?based Brown & Brown, andRichard A. Matthews, president of Benefit Dynamics, made theannouncement.
|Benefit Dynamics is a retail employee benefits insurance agencyserving clients in the greater Houston area.
|Mr. Matthews will join B&B and become a senior member of theemployee benefits department of the Houston office.
|Terms of the deal were not released.
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