King Brokerage Acquires Ameriway in NE Florida

The King Insurance brokerage firm has acquired Ameriway Insurance Co., based in Fernandina Beach, Florida, the companies announced.

Ameriway provides commercial and personal lines coverage and was founded by Charles Hayes. He will continue to run the operation until his retirement, King noted in a news release.

King was founded in 1974 in Gainesville, Florida, and provides property/casualty and employee benefits products. It has continued to expand in recent months with a number of acquisitions.