Hilb Rogal & Hobbs Co. announced that, effective as of September 1, 2008, it has acquired all the stock of G.A. Pearson and Associates Insurance Brokers Inc. Terms of the transaction were not disclosed.
With approximately $3.8 million in revenue in 2007, Pearson was founded 27 years ago by Glenn A. Pearson. The company is based in San Diego and specializes in commercial, construction and complex property insurance. Pearson’s employees will merge into HRH’s existing San Diego location, under the local leadership of Thomas A. James, and joining HRH’s West Region under the leadership of Vice President and West Regional Director William F. Creedon.
On June 8, 2008, HRH announced that it had agreed to be acquired by Willis Group Holdings Limited (“Willis”). The proposed merger between Willis and HRH will be submitted to the HRH shareholders for their consideration.
For more information, visit .
Topics Mergers & Acquisitions Agencies
Was this article valuable?
Here are more articles you may enjoy.
Amish Mother and 6 Children Killed in Explosion and Fire at Pennsylvania Home 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing 
