Chicago-based Ryan Specialty Group LLC has acquired the assets and operations of Myron F. Steves & Co. (Myron Steves), an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with additional offices in Austin, Dallas and San Antonio. The Myron …
The avalanche danger in Colorado’s northern and central mountains is high after up to 4 feet of snow fell in some spots in the last few days. On Sunday, an avalanche dumped snow across a section of Interstate 70 between …
Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger. Aon is in the early stages of exploring an all-share tie-up with Willis Towers, it said in …
Relation Insurance Services has acquired Villane Ward Insurance Services Inc. in Fresno, Calif. Terms for the deal were not disclosed. Villane Ward is a privately owned and operated employee benefits brokerage that specializes in mid-market clients. Relation Insurance Services is …
Big news! Going by third-quarter state gross domestic product data that were just released, Connecticut’s economy is on track to grow more than 2 percent in 2018! That’s … not much. But it’s better growth than the state has seen …
Everest Insurance has hired Kathleen Boland to its Marketing & Distribution team as director, focusing on the Mid-Atlantic region. In this role, Boland will be based out of the Everest Insurance Philadelphia office and report to Matt Murray, East region …
Workers’ compensation specialist The MEMIC Group has appointed Beth Austerman to senior production underwriter to support continued growth in the Central and Western New York markets. Austerman has more than 14 years of experience in the insurance industry. Prior to …
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Employee Benefits Group Inc. (EBG), a Bethesda, Md.-based independent insurance agency specializing in employee benefits and retirement consulting. Founded in 1987, EBG provides employee health …
Pie Insurance, an insurtech selling workers’ compensation coverage online to small businesses, has completed a $45 million Series B funding round. Participating investors included SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund. To date, Pie has raised …
Chubb Ltd. announced it has received Chinese regulatory approval to increase the company’s ownership in Huatai Insurance Group Co. Ltd. to 26.2 percent from 20 percent, effective Feb. 27, 2019. Financial terms of the deal were not released. Huatai Insurance …
