Virginia Beach-based Towne Insurance has continued to expand outside of Virginia with the announcement it is acquiring an independent insurance agency in North Carolina.
The wholly-owned subsidiary of TowneBank recently acquired W.A. Moore Insurance in Kinston, N.C. This is the company’s 22nd acquisition and Towne Insurance’s sixth acquisition in North Carolina.
Dudley Fulton, president and CEO of Towne Insurance, said the addition of the agency will only enhance the company’s services.
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