Iselin, NJ, Feb. 24, 2023 (GLOBE NEWSWIRE) — World Insurance Associates LLC (World), a top 50 insurance brokerage firm, announced today that it has acquired the business of Durfee Buffinton Insurance Agency, Inc. (“Durfee Buffinton “) take over. of Fall River, MA on December 31, 2022. Terms of the transaction were not disclosed.

Durfee Buffinton’s roots are almost 100 years old. Today, the company is managed by third-generation members of the Brown family – Walter A. Brown III took over as the agency’s president in 1986. Durfee Buffinton provides personal and business insurance coverage to customers in the New England area.

“Our mission has always been to provide individuals and businesses with insurance products and services that protect their assets from financial loss,” said Walter A. Brown, President of the Durfee Buffinton Insurance Agency. “As part of World and under the leadership of Christopher Brown and Doug Barresi, we will continue on this mission and offer additional products and services to our customers.”

“I would like to welcome Durfee Buffinton to the World family,” said Rich Eknoian, CEO and co-founder of WIA. “They are known for the high level of service they provide to their customers and I know that as part of World they will continue to do so.”

Giordano, Halleran & Ciesla provided legal advice to World and MarshBerry advised on the transaction. Lyon & Fitzpatrick, LLP provided Durfee Buffinton as legal counsel and BH Burke & Co., Inc. advised on the transaction. No other advisors, care firms or legal counsel have been identified.

About World Insurance Associates LLC

Headquartered in Iselin, NJ, World Insurance Associates LLC (World) is a nationally recognized, full-service insurance organization providing individuals and businesses with world-class products and services in personal and commercial insurance, employee and executive benefits, retirement planning, and… Financial Services provides human resource management solutions. Since its inception in 2011…