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Brown & Brown unit acquires assets of VGW Insurance

Brown & Brown Lone Star Insurance Services Inc. has acquired substantially all of the assets of VGW Insurance.

VGW Insurance consists of VerHagen Glendenning & Walker LLP, Glendenning Insurance Agency Inc., Walker Insurance, Glen R VerHagen Insurance Services and VerHagen Insurance.

The target offers property and casualty insurance products and services.

Following the transaction, the target's team will operate as a new stand-alone office within Brown & Brown Inc.'s retail segment and will continue doing business from their existing locations in Texas.