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Brown & Brown unit buys assets of Minn. employee benefits brokerage

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Brown & Brown unit buys assets of Minn. employee benefits brokerage

Brown & Brown Inc. unit Brown & Brown of Minnesota Inc. has bought substantially all the assets of Clairmont Financial Group LLC.

Clairmont Financial is a full-service employee benefits brokerage that serves clients across Minnesota and has annual net revenues of about $1 million. Clairmont Financial will transition into Brown & Brown's profit center in Minneapolis.