Hilb Rogal & Hobbs Company Acquires Doherty, Inc.

RICHMOND, Va. -- Hilb Rogal & Hobbs Company (NYSE: HRH), the world's eighth largest insurance and risk management intermediary, announced today that it has acquired substantially all of the assets of Doherty, Inc., an employee benefits brokerage operation in Fort Scott, Kansas. Terms of the June 1 transaction were not disclosed.

Doherty, Inc. was founded in 1980 by Donald A. (Don) Doherty and provides a wide range of employee benefits consultation and brokerage services, specializing in life, health and disability insurance programs. Revenues for 2004 were approximately $300,000. Don Doherty and his associates will continue to operate from their Fort Scott office through the remainder of 2005, at which time they will merge with HRH's Pittsburg, Kansas operation under the leadership of its president, David K. Cavenah. The operation is part of HRH's Central region, led by Vice President, Central Regional Director William L. Chaufty.

HRH Chairman and Chief Executive Officer Martin L. (Mell) Vaughan, III said, "Our acquisition strategy includes partnering with quality organizations and individuals that extend our product and services capabilities in both new and existing markets. The addition of Don and his employee benefits team to our Pittsburg, Kansas office, which is almost exclusively a property and casualty brokerage firm, strengthens our southeast Kansas presence and creates excellent cross-selling potential for both old and new HRH professionals. It is my pleasure to welcome Don and his associates to HRH."

Hilb Rogal & Hobbs Company is the seventh largest insurance and risk management intermediary in the U.S. and eighth largest in the world. From offices throughout the U.S. and in London, HRH assists clients in managing risks in property and casualty, employee benefits and many other areas of specialized exposure. The company's common stock is traded on the New York Stock Exchange, symbol HRH. More information about HRH may be found on the internet at www.hrh.com.