Higginbotham, one of the largest independent insurance brokerages, has acquired Alabama-based Fountain, Parker, Harbarger & Associates, a 103-year-old agency.
FPH&A was founded in 1921 and has been with some carriers for almost as long, the companies said in a news release. The agency, based in Huntsville in north Alabama, provides commercial and personal insurance throughout the Southeast.
Prinicipal and administrative manager, Mark Harbarger, said that as Huntsville continues to grow, the agency leaders felt it needed a partner with national scope.
Higginbotham is headquartered in Texas. It has continued a steady march toward expansion over the last few years.
Was this article valuable?
Here are more articles you may enjoy.
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs 
