A subsidiary of Brown & Brown Inc., a publicly traded insurance brokerage based in Florida, has acquired Hall-Wright General Agency Inc., a San Antonio, Texas, company with an office in Lafayette.
Hall-Wright specializes in property and casualty insurance in the Texas and Louisiana markets. The agency has annual revenue of about $1.6 million.
Hall-Wright executives will join Brown & Brown subsidiary Texas Security General Insurance Agency Inc., based in San Antonio, Texas.
The deal offers Brown & Brown the opportunity to expand its wholesale presence in Texas and Louisiana, according to Tom Contreras, who heads Texas Security.