Long-Standing Burbank Insurance Company Sold to Burbank High Grad

After almost 90 years of service to Burbank, Brown Insurance has merged with Cornerstone Preferred Insurance of Glendale, which is owned by Burbank High School grad, Jim Stone.
 
GLENDALE, Calif. - May 20, 2016 - PRLog -- Paul P. Brown Sr. established Brown Insurance in Burbank back in 1927. He and his wife initially got their start in insurance by going door-to door selling 25-cent insurance policies!

Over the course of the next 20 years, the business expanded to include both personal and company lines. Paul's two sons joined the family insurance agency and appropriately renamed the business "Brown & Sons Insurance Agency".  Paul's grandson, Brad Brown, joined the agency in 1983, and the business saw immense growth and consistent profitability, especially through the appointments of Ohio Casualty Company, National Auto and Casualty Company, Republic Insurance Company, Arrowhead Insurance Company, and Mercury Insurance Company.

In early 2016, Brad decided to sell Brown Insurance to longtime friend and colleague, Jim Stone. He is extremely excited to be passing on the business to another local and well-established family insurance agency, as well as a fellow Burbank High graduate who has extensive ties to the community of Burbank. He is confident that this will be yet another opportunity for Brown Insurance to enhance its value to its existing clientele.

Cornerstone Preferred Insurance Agency is located in the nearby city of Glendale, CA and has a staff of over 14 employees, 4 of which are members of Jim's family.

Virginia Brummett, office manager of Brown Insurance for over 30 years, is staying on with Cornerstone as a member of their team of insurance professionals.

For more information, please visit our website at http://www.cornerstonepref.com.
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Tags:Insurance, Glendale insurance, Insurance Agency
Industry:Insurance
Location:Glendale - California - United States
Subject:Mergers
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