Hilb Rogal & Hobbs Company (NYSE:HRH), one of the world's largest insurance and risk management intermediaries, announced today that it has signed a definitive agreement to acquire substantially all of the assets of The Resource Group, L.C. (TRG). Terms of the transaction, which is expected to close on August 1, 2007, were not disclosed.

Founded by six insurance professionals in 1996, TRG was created to provide a stable platform of people and services to their customers by creating an atmosphere of cooperation, dynamic growth and respect among their own employees. With over $5.1 million of revenue in 2006, TRG primarily is an employee benefits brokerage and consulting firm with specialties including group health insurance, ancillary benefits, retirement programs, executive insurance and financial services. TRG's staff of 37 professionals will continue to serve clients from their existing office in Overland Park, Kansas, joining HRH's Central Region under the leadership of Vice President and Central Regional Director, William L. Chaufty.

HRH Chairman and Chief Executive Officer Martin L. (Mell) Vaughan, III, commented, ?We are excited to welcome TRG's team of professionals to HRH. HRH is consistently searching for companies who share similar values and goals, such as enhancing customer experiences and offering value-added services. TRG was built on the same ideology, and continues to develop their employees with the education and training they need to provide the best service possible. We look forward to collaborating on many future endeavors with TRG's talented associates, and I'd like to welcome them to the HRH team.?

TRG's President, Ames Stetzler, commented, ?TRG chose to partner and grow with HRH because we found a unique common ground in our passion to deliver innovative, value-added solutions to our clients. This alliance allows us to continue our philosophy of doing the right thing for our clients, associates and giving back to the community in which we work and live. We are excited to provide our clients with the added benefit of having access to the additional products, tools and the national resources of this impressive national company.?

Hilb Rogal & Hobbs Company (HRH) is the eighth largest insurance intermediary in the United States, with over 120 offices throughout the United States and the world. HRH helps clients manage their risks in property and casualty, employee benefits, professional liability and other areas of specialized exposure. In addition, HRH offers a full range of personal and corporate financial products and services. HRH is focused on understanding our clients' businesses, employees and risks, as well as the insurance and financial markets, so that we can develop insurance, risk management, and employee benefits solutions that best fit their needs. The company's common stock is traded on the New York Stock Exchange, symbol HRH. More information about HRH may be found at www.hrh.com.

Hilb Rogal & Hobbs Company
Liz Cougot, 804-747-3120
Fax: 804-747-6046