Berkshire hills and brown & brown announce definitive agreement to sell berkshire insurance group to brown & brown of massachusetts

Boston, aug. 24, 2021 /prnewswire/ -- berkshire hills bancorp, inc. (nyse: bhlb) and brown & brown, inc. (nyse: bro) today announced the execution of a definitive agreement for the sale of the assets and operations of berkshire insurance group, inc. (big), a subsidiary of berkshire hills, to brown & brown of massachusetts, llc, a subsidiary of brown & brown. the transaction is subject to customary conditions and is expected to be completed in the third quarter.
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