BROWN & BROWN, INC. ANNOUNCES THE ASSET ACQUISITION OF INSURANCE MANAGEMENT GROUP, INC.
R. Andrew Watts, CFO • March 4, 2020
(Daytona Beach, Florida) . . . J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Mark K. Ackerman, the sole shareholder of Insurance Management Group, Inc. (“IMG”), today announced that Brown & Brown of South Carolina, Inc. has acquired substantially all of the assets of IMG.
IMG was founded in 1977 and specializes in providing a wide range of employee benefits and property and casualty insurance products and services to businesses and individuals throughout South Carolina. Following the acquisition, the IMG team will operate from their existing office as a branch location of Brown & Brown’s South Carolina retail operations under the leadership of Todd Tyler, Executive Vice President of Brown & Brown of South Carolina. Mike Keeby, a Regional President in Brown & Brown’s Retail Segment, will have oversight responsibility over the newly combined South Carolina retail operations.
Mr. Tyler stated, “Mark and his highly talented team have evolved IMG into one of the top full-service, independent agencies in the area. We are excited to join forces to continue building our presence in South Carolina and look forward to the growth opportunities ahead.”
“The foundation of a successful agency is providing clients with excellent service. This transaction allows our team to join an industry-leading team of professionals with superior knowledge and cutting-edge technology. Becoming part of the Brown & Brown team enhances our ability to serve our clients,” said Mark Ackerman.
Brown & Brown, Inc. is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses. With Brown & Brown’s 80 years of proven success and thousands of teammates, we offer knowledge you can trust and strive to deliver superior customer service. For more information, please visit bbinsurance.com.
This press release may contain certain statements relating to future results which are forward-looking statements, including those associated with this acquisition. These statements are not historical facts, but instead represent only Brown & Brown’s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown’s control. It is possible that Brown & Brown’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown’s financial results and condition, as well as its other achievements, is contained in Brown & Brown’s filings with the Securities and Exchange Commission. Such factors include those factors relevant to Brown & Brown’s consummation and integration of the announced acquisition, including any matters analyzed in the due diligence process, and material adverse changes in the business and financial condition of the seller, the buyer, or both, and their respective customers. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which Brown & Brown hereafter becomes aware.
# # # # #
As Phase 1 nears completion, the $47 million development brings thoughtful infill development, entrepreneurial opportunities, and a walkable experience to the heart of Summerville.
Woman-owned business selected from more than 12,000 applicants nationwide for its resilience, innovation and commitment to workforce development SUMMERVILLE, S.C. — A Summerville small business is earning national recognition for its resilience, innovation and commitment to developing the next generation of skilled workers. Sew Fabulous LLC, a woman-owned alterations, bridal and embroidery business, has been named one of America's Top 100 Small Businesses through the U.S. Chamber of Commerce's prestigious 2026 CO—100 program. Selected from more than 12,000 applicants nationwide, Sew Fabulous is being recognized as a 2026 Champions of Adaptability honoree , a distinction celebrating businesses that have demonstrated exceptional resilience, determination and innovative problem-solving in overcoming challenges. Founded in 2015 by British-born entrepreneur and military veteran Angela Humphries, Sew Fabulous has grown from a small alterations operation in her home into a thriving business offering everyday tailoring, bridal and formalwear alterations, corporate embroidery, uniform services and custom branding solutions. A defining part of Sew Fabulous's success has been its investment in workforce development and preserving the skilled trade of sewing. Recognizing a growing shortage of experienced sewing professionals, Humphries developed the curricula for two U.S. Department of Labor Registered Apprenticeship programs, creating structured career pathways for individuals interested in professional sewing and alterations. To date, the company has supported 11 apprentices through its training initiatives, including five who successfully graduated in 2026. The company also established Sew Fabulous Academy, an initiative designed to expand access to sewing education, strengthen technical skills and introduce new generations to career opportunities in the industry. Rather than relying solely on an increasingly limited pool of experienced workers, Humphries has made workforce development a central component of the company's long-term growth strategy. Humphries will travel to Washington, D.C., in October to participate in the U.S. Chamber of Commerce's CO—100 celebrations alongside fellow entrepreneurs and business leaders from across the country. About Sew Fabulous LLC Founded in 2015, Sew Fabulous LLC is an award-winning, woman-owned business headquartered in Summerville, South Carolina. The company specializes in everyday alterations, bridal and formalwear alterations, corporate embroidery, uniforms and branded apparel. Through its two U.S. Department of Labor Registered Apprenticeship programs and Sew Fabulous Academy, Sew Fabulous is committed to preserving skilled trades, developing talented professionals and creating meaningful career opportunities. The company has earned more than 1,300 five-star Google reviews and numerous business recognitions. About Angela Humphries Beyond her business accomplishments, Humphries has demonstrated an enduring commitment to serving her community. Humphries was also honored with the Community Service Award by Summerville Chief of Police Doug Wright. She was one of the first two civilians to receive the award, recognizing her dedication to serving and strengthening the local community. Her community involvement includes supporting individuals experiencing hardship, contributing to charitable initiatives, and working alongside organizations dedicated to strengthening the local community. For Humphries, business success is measured not only through growth and profitability but also through the opportunities created for others and the positive impact a company can have on its community.
Summerville S.C.- Dorchester Habitat for Humanity is grateful to St. Paul’s Anglican Church for their generous $1,000 donation in support of the organization’s Building the American Dream initiative. This contribution will help Dorchester Habitat continue its mission of building safe, affordable homes for families in Dorchester County. Through the Building the American Dream initiative, the organization is expanding homeownership opportunities and helping local families create a stronger foundation for their futures. “We are incredibly grateful to St. Paul’s for its generosity and commitment to our community,” said Erin Roach, Director of Development and Marketing. “Support from local churches and community partners move our mission forward and bring us one step closer to a future where more families have a safe, affordable place to call home.” Dorchester Habitat partners with qualifying families to achieve homeownership through home construction, financial education, and a 30-year, zero-interest mortgage. Homebuyers also contribute at least 425 hours of sweat-equity, working alongside volunteers and staff to help build homes. The organization’s Building the American Dream initiative reflects its continued commitment to transforming Dorchester County one home at a time. Through the generosity of churches, businesses, individuals, and volunteers, Dorchester Habitat is creating lasting opportunities for families to establish stability, build equity, and pursue brighter futures. Learn more about Dorchester Habitat at www.dorchesterhabitat.org

SUMMERVILLE, S.C. — 10/13/2026 — As it enters the final year of its current three-year strategic plan, the Greater Summerville/Dorchester Chamber of Commerce is already looking ahead. Chamber leadership, board members, staff, and stakeholders recently convened for a comprehensive planning session to map out the organization's vision and priorities for the next three years. Facilitated by Claire Louder of Louder Nonprofit Strategies, the session was designed to align the Chamber’s future trajectory with the region's explosive growth and evolving community needs. To ensure alignment with the region, the day kicked off with vital insights. Attendees heard directly from representatives of the Town of Summerville, Dorchester County, and Berkeley County regarding their current municipal and county-wide plans, ensuring the Chamber’s roadmap complements ongoing local government initiatives. Discussions were also guided by the goals of Envision 2047, keeping key components at the forefront. The planning conversation heavily emphasized: Thoughtful planning and smart growth Housing accessibility and variety Vibrant gateways and distinctive places Quality economic growth Fostering a robust entrepreneurial culture Top-tier education “We were very intentional about incorporating ENVISION 2047 as a guiding tool for our planning as it strategically parallels with what the business community and our members value and feel is important to achieve long-term success," said Rita Berry, President and CEO of the Greater Summerville/Dorchester Chamber of Commerce. In addition to regional collaboration and big-picture visioning, the session focused inward on member value. Leadership closely analyzed feedback and data from the Chamber’s most recent membership survey, brainstorming innovative ideas and actionable plans to enhance membership benefits and elevate programs for local businesses. More details regarding the official launch and specific pillars of the Summerville Chamber’s next strategic plan will be announced in the coming months. About the Greater Summerville Dorchester County Chamber of Commerce The Greater Summerville/Dorchester County Chamber of Commerce is a five-star accredited chamber dedicated to advancing economic prosperity through business advocacy, leadership development, workforce initiatives, and meaningful member engagement. Serving businesses of every size and industry, the Chamber works to create a stronger community throughout Summerville and Dorchester County. About Envision 2047 ENVISION 2047 is a long-term community vision and strategic action plan developed to guide the future of Summerville and Dorchester County over the next 20 years and beyond. Led by the Greater Summerville/Dorchester County Chamber Foundation, in partnership with Dorchester County and the Town of Summerville, along with a steering committee of business and community leaders, the initiative reflects a unified commitment to thoughtful, sustainable growth.
RIDGEVILLE, S.C. - Knight’s Companies is pleased to announce the rebranding and name change of Murray Mines to Knight’s Materials, effective immediately. The name change reflects the company’s continued growth in the construction materials industry and brings the operation under the Knight’s Companies brand. Knight’s Materials will continue to provide quality sand and other construction material products to customers throughout the region, with the same commitment to service, quality, and reliability that customers have come to expect. “We’re excited to officially bring Knight’s Materials into the Knight’s Companies family,” said Pete Knight, President and CEO of Knight’s Companies. “This is a natural next step as we continue to grow our materials business and expand the products and services we can provide to our customers and partners.” Customers can expect a seamless transition, with existing operations, relationships, and service continuing under the new Knight’s Materials name. Knight’s Materials is part of Knight’s Companies, a South Carolina-based construction materials and services company serving customers throughout the Southeast. Visit knightscompanies.com for more info on other products and services.

SUMMERVILLE, S.C. - Local custom residential builder Ragland Homes has been named a recipient of the 2026 "Builder of Integrity" Award by Quality Builders Warranty (QBW). This marks the second time the Summerville-based home builder has earned the prestigious national honor, reinforcing its reputation for technical excellence, financial stability, and steadfast commitment to client trust across the Lowcountry. The Builder of Integrity Award is an exclusive recognition presented to a selective group of residential builders nationwide. Award recipients undergo a rigorous screening and ongoing performance review process evaluating technical skill, ethical business practice, craftsmanship, and customer service. "Building a custom home is one of the most significant investments a family will make and earning the trust of our clients is at the center of everything we do," said Bryan Ragland. "Receiving the Builder of Integrity Award for a second time validates our team's daily commitment to transparent communication, superior craftsmanship, and doing things right". This national recognition follows a period of strong local support for Ragland Homes, which was also voted Best Home Builder by readers of the Summerville Journal Scene for three years in a row. To learn more about Ragland Homes visit Raglandhomes.com or contact the team at (843) 284.3133. For details regarding the Quality Builders Warranty Builder of Integrity program, visit www.qbwc.com/BOI About Ragland Homes Founded in 2018, Ragland Homes is a premier custom home builder, led by Certified Master Builder Bryan Ragland based in Summerville, South Carolina. Serving clients throughout the Lowcountry, Ragland Homes specializes in custom home construction, build-on-your-lot projects, and personalized design solutions built on a foundation of integrity, quality, and transparency. About Quality Builders Warranty Corporation Quality Builders Warranty Corporation (QBW) is the nation’s premier 10-year new home warranty program. Operating since 1985, QBW screens builders nationwide to ensure members demonstrate superior craftsmanship, technical excellence, and financial integrity, providing structural warranties backed by Liberty Mutual.

















