Trustmark announced Tuesday it will acquire an insurance agency in northwest Florida. Fisher-Brown Incorporated was founded in 1911 and provides risk management insurance to businesses and individuals.
Fisher-Brown will become a wholly owned subsidiary of Trustmark, pending regulatory approval. Trustmark chairman and CEO Richard Hickson says the transaction is expected to be completed later this year.
Fisher-Brown has annual revenue of $16 million and a staff of 125. It is headquartered in Pensacola, Fla., and has offices in Milton, Mary Esther, Destin and Panama City.
Trustmark National Bank has 145 branches and 2,450 employees in Mississippi, Florida, Tennessee and Texas.