BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Brown & Brown unit acquires Oregon agency


Brown & Brown Inc. said its Brown & Brown of Oregon L.L.C. subsidiary has acquired substantially all of the assets of Lumbermens Insurance and Risk Solutions.

Terms of the deal were not disclosed.

Bend, Oregon-based Lumbermens, with annual net revenue of $2.0 million, provides personal lines and commercial insurance services, Daytona Beach, Florida-based Brown & Brown said Friday in a statement. It will operate from its current location as a Brown & Brown profit center, according to the statement.

The combined operation will report to Jessica Getman, Portland Oregon-based president of Brown & Brown of Oregon, according to the statement.

“Lumbermens is synonymous with the Bend, Oregon, community, having provided for the personal and commercial insurance needs of this community for more than 100 years. We look forward to joining forces with the Lumbermens team and continuing the delivery of quality and innovative insurance solutions for our clients,” Ms. Getman said in the statement.

Brown & Brown Inc. is the seventh-largest insurance broker in the world, according to Business Insurance's latest ranking.