Showing posts with label Powers and Company Insurance Agents and Brokers. Show all posts
Showing posts with label Powers and Company Insurance Agents and Brokers. Show all posts

Monday, March 31, 2008

Brown & Brown Purchases Powers & Co.

Michael Paschke, regional executive vice president of Brown & Brown Inc., and Richard Powers, president of Powers & Effler Insurance Brokers Inc., d/b/a Powers & Company Insurance Agents and Brokers, of Rocklin, California (Powers & Company), announced the asset acquisition of Powers & Company by a subsidiary of Brown & Brown Inc. Powers & Company is an insurance agency serving clients in the states of California, Nevada and Arizona, with annualized revenues of approximately $11.2 million. Powers and his staff will continue to operate out of their existing office as a new stand-alone Brown & Brown profit center.