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Brown & Brown unit acquires assets of insurance solution providers

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Brown & Brown unit acquires assets of insurance solution providers

Brown & Brown Inc. subsidiary Brown & Brown Insurance Agency of Virginia Inc. has acquired substantially all of the assets of Kerxton Insurance Agency Inc. and Fitness Underwriters Inc.

Following the acquisition, Kerxton Insurance and Fitness Underwriters will relocate to Brown & Brown's existing Manassas, Va. office.

Kerxton Insurance and Fitness Underwriters have annual revenues of about $5.0 million. They offer personal and business insurance products and services to clients in the Mid-Atlantic Region and throughout the U.S, including insurance solutions for health and fitness clubs under the Fitness Underwriters brand.