King Insurance Buys up Tallahassee-Based Hunt Insurance Group

The still-expanding King Insurance, a brokerage, has acquired Tallahassee-based Hunt Insurance Group.

Hunt, a specialty broker founded in 1945, advises housing authorities, prison systems and municipalities on risk management and self-funded solutions for property/casualty and health insurance, the companies said in a news release.

“King offers us the additional resources for our team to play at a higher level. We’re looking forward to being a part of King Insurance and helping in the future growth,” said Scott Hunt, president and CEO of Hunt Insurance Group.

King was founded in 1974 and is headquartered in Gainesville, Florida. It has grown rapidly in recent years, partly through multiple acquisitions.