Brown & Brown Inc. bought the Meridian Group of New York Inc. and Eberhart & Co. Insurors Inc. late Friday for undisclosed terms.
Meridian Group, with annual revenue of $1.3 million, provides life, health and other employee benefits products and services to individuals, businesses, public entities, nonprofit organizations, unions and associations throughout New York state.
Meridian Group’s staff will combine its operations into Brown & Brown of New York’s Rome, N.Y., office.
Eberhart & Co. Insurors — doing business as Eberhart Co. of Roswell, Ga payday loans., with revenue of $1 million — will join Brown & Brown Insurance of Georgia’s existing office in Duluth. Eberhart Co. has served business and individual insurance needs in the Atlanta metropolitan area since 1969.
Daytona Beach-based Brown & Brown Inc. (NYSE: BRO) and its subsidiaries offer insurance and re-insurance products and services, as well as risk management, third party administration, managed health care, and Medicare set-aside services and programs.
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