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Western Security Surplus acquires California-based insurance broker

Western Security Surplus Insurance Brokers Inc. has acquired Santa Ana, Calif.-based Klein & Costa Insurance Services for undisclosed terms, the Insurance Journal reported.

Following the acquisition, Klein & Costa co-founder Clarence Costa will continue to lead the company and Western Security Surplus' expansion to Orange County, Calif. Klein & Costa focuses on small to medium specialty property/casualty risks in Southern California.

Western Security Surplus Insurance Brokers is part of XPT Group LLC.