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Brown & Brown subsidiary acquires assets of managing general agent

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Brown & Brown subsidiary acquires assets of managing general agent

A subsidiary of Brown & Brown Inc. has acquired substantially all of the assets of C&C Risk Services LLC.

Terms of the deal were not disclosed.

C&C Risk is a managing general agent providing excess public entity insurance coverage to municipalities in Texas and Florida. Following the acquisition, it will operate as part of Brown & Brown's wholesale brokerage division from its existing locations.