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Relation Insurance Acquires Pennsylvania Family Agency

Relation Insurance Services has acquired a family-owned insurance agency in Pennsylvania, continuing the brokerage's pattern of growth through acquisitions. The deal adds the agency's book of business and local client relationships to Relation's national platform. Financial terms of the transaction were not disclosed. Industry observers track such deals closely as consolidation continues across the US insurance brokerage sector.

Why now: Ongoing consolidation in the US insurance brokerage industry makes acquisition news relevant to agents, clients and competitors.

Relation Insurance ServicesPennsylvania

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