NU Online News Service, Jan. 7, 10:43 a.m. EST
Managing general agency Johnson & Johnson has acquired the Sunbelt General Agency in Montgomery, Ala. from American Modern Insurance Group. Financial terms were not disclosed.
Charleston, S.C.–based Johnson & Johnson said Sunbelt General Agency is a full service managing general agency with 17 employees that annually produces $23 million in premium. The firm has been an American Modern Insurance Group subsidiary since its inception in 1994,
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