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Informa Insurance News 24

WORLDWIDE FACILITIES ACQUIRES RIC INSURANCE IN CALIFORNIA

US wholesale broker, programme manager and managing general agent Worldwide Facilities has acquired the assets of RIC Insurance General Agency, a California-based wholesale broker and managing general agent that specialises in cover for small and medium-sized businesses and personal lines. Terms of the deal were not disclosed. RIC will continue to maintain its client and market relationships and commitments as a division of Los Angeles-based Worldwide Facilities. Based in Santa Rosa, RIC has offices across the western US.

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