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Johnson Insurance acquires employee benefits firm

Johnson Insurance Services has acquired Scottsdale,Ariz.-based employee benefits firm, Monterey Benefits, The (Racine, Wis.) JournalTimes reported Oct. 5.

The firms officially closed the deal in mid-September.

Under the agreement, Monterey founder Steve Grady took upthe role of executive vice president of Johnson Insurance. He will lead thecompany's efforts in Arizona.

Johnson Insurance is a part of