Hilb Rogal & Hobbs Company Announces the Acquisition of Casey, Wolfe & Martin, Inc.

Business Editors

RICHMOND, Va.--(BUSINESS WIRE)--Jan. 5, 2004

Hilb Rogal & Hobbs Company (NYSE:HRH), the world's 10th largest insurance and risk management intermediary, announced today that it has acquired substantially all of the assets of Casey, Wolfe & Martin, Inc.

With annual revenues of approximately $1.5 million, Casey, Wolfe & Martin is a full-service retail insurance broker offering risk management and commercial property and casualty insurance services to its clients. Principals, Stephen H. Casey and Jeanne C. Martin, and their talented team of production and service professionals will merge into HRH's existing Dallas operation under the leadership of Patrick J. Bonds, president of that office, and William L. Chaufty, central regional director.

Chaufty said, "We are pleased to have Steve, Jeanne and their talented staff join us. The addition of Casey, Wolfe & Martin further enhances our service capabilities in the vibrant Texas marketplace. We are very pleased to welcome this dedicated team to our growing Texas family of insurance professionals."

Hilb Rogal & Hobbs Company is the nation's seventh largest insurance and risk management intermediary. With offices located throughout the United States, HRH assists clients in managing their risks in areas such as property and casualty, employee benefits and many other areas of specialized exposure. The company is traded on the New York Stock Exchange, symbol HRH, and is ranked the 10th largest insurance and risk management intermediary in the world. Additional information about HRH may be found at www.hrh.com.