Hilb buys agencies in Southwest Va., North Carolina

Published January 7, 2013 by Jessica Sabbath

The Hilb Group has acquired insurance firms in Southwest Virginia and North Carolina.

In the fourth quarter of 2012, the Richmond-based insurance company purchased CSE Insurance Agency Inc. and CSE Financial Services Inc. of Abingdon and Wise, and B&H Insurance Services Inc. of Winston-Salem, N.C.

“We are expanding our specialty transportation practice with the addition of B&H Insurance Services while further expanding our commercial and personal insurance offerings with CSE,” President and CEO Robert J. Hilb said in a statement.

The CSE companies provide commercial, personal and employee benefit solutions in Southwest Virginia, Kentucky and Tennessee. B&H Insurance of Winston-Salem was founded in 1989 and specializes in long-haul trucking.

Hilb is seeking to grow through acquisitions and alliances in the middle market insurance brokerages.