Towne Insurance acquires North Carolina agency
Towne Insurance Agency, a division of Hampton Roads-based TowneBank, has acquired Clement Cos., a Greenville, N.C.-based insurance agency.
Company officials said the move continues Towne Insurance’s expansion into North Carolina.
Clement provides a variety of risk management and insurance products to customers from Eastern North Carolina to Raleigh.
TowneBank operates 26 banking offices in Virginia and North Carolina.