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Heffernan Insurance Brokers acquires assets of construction insurance broker

Heffernan Insurance Brokers Inc. has acquired the assets of Newport Beach, Calif.-based Mahan Insurance Brokers, effective Oct. 1.

Mahan Insurance's Michael Mahan and Marissa Garmendia are joining Heffernan's office in Irvine, Calif. Robert Mahan will still actively advise clients.

The company specializes in construction insurance.