Hilb Rogal and Hamilton Co. (HRH) announced it had acquired substantially all of the operations of Dulaney, Johnston & Priest (DJ&P), an insurance agency headquartered in Wichita, Kansas. Terms of the transaction were not disclosed. With over $6.5 million in …
According to the International Maritime Bureau modern day piracy is on the increase with a record 469 attacks on shipping reported last year, resulting in 72 deaths, 99 persons injured, and 26 missing in addition to significant cargo losses. Modern …
Japanese newspaper reports that AIG was in the final stages of taking over failed insurer Chiyoda Mutual Life appear to have been a bit premature, as administrators for the company announced that they would hold talks with two other interested, …
The battle for troubled U.K. mutual insurer Equitable Life heated up over the weekend with the mortgage lender Halifax tabling a £1 billion ($1.47 billion) bid for the sales forces, offices, administrative systems and fund management business; only to find …
Japanese newspaper reports that AIG was in the final stages of taking over failed insurer Chiyoda Mutual Life appear to have been a bit premature, as administrators for the company announced that they would hold talks with two other interested, …
Frenkel & Co., Inc., a leading international insurance brokerage firm, has been acquired through a management buyout. The management buyout was lead by Robert Shunk and John Kelly. Shunk will continue to serve as chairman of Frenkel while Kelly will …
Armed with an aggressive growth strategy, United Valley Insurance Services Inc., headquartered in Fresno, is expanding beyond its Central Valley base and into Northern California. Seven of its nine new affiliates are located in the Central Coast, Bay Area and …
Hilb, Rogal and Hamilton Co. has acquired substantially all of the operations of Dulaney, Johnston & Priest, an insurance agency headquartered in Wichita, Kansas. Terms of the transaction were not disclosed. With over $6.5 million in annual revenues, DJ&P has …
ACE Ltd. plans to divide its operations into two units, each with a president and chief executive, to increase the efficiency of the company. Current President and Chief Operating Officer Dominic Federico will become president and chief executive officer of …
The U.K.’s Halifax, primarily a mortgage bank, confirmed that it was the latest entry to make a proposal to Britain’s troubled Equitable Life, and was in talks to acquire the insurer’s fund management business, sales force and administrative facilities, but …
