Business Moves

Business Moves

Combined Agents, First Texas, Lake Combined Agents of America LLC (CAA), based in Austin, Texas, has added two new members: First Texas Insurance Services LC of Arlington, Texas; and Lake Insurance Agency Inc. of Laverne, Okla. CAA now has 44 …

Business Moves

AmTrust, American Capital, GMAC AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty insurance business. AmTrust said it will initially invest approximately $42.5 …

Business Moves

Norfolk & Dedham, Rockingham Two East Coast-based mutual insurance companies have formed a mutual alliance that they say allows them to achieve efficiencies, diversification and spread of risk without actually merging their companies. The Norfolk & Dedham Group and the …

Business Moves

A.J. Gallagher, Fox Lawson Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Fox Lawson & Associates LLC in St. Paul, Minn. Terms of the transaction were not disclosed. Founded in 1995, Fox Lawson & Associates is a compensation and …

Business Moves

MeyersDining, CBIZ Cleveland, Ohio-based employee benefits and accounting services firm CBIZ, Inc. has acquired MeyersDining, LLC, an insurance agency located in Boulder, Colorado. Founded in 2005 with the merger of firms owned by Gary Meyers and Elizabeth Dining, MeyersDining is …

Business Moves

Prepared Insurance, Florida Florida approved a new homeowners insurance company that plans to focus on what it says is the underserved market of homes built before 2002. Prepared Insurance Co., headquartered in Tampa, is also promising to offer a broad …

Business Moves

TWFG The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency based in The Woodlands, Texas, has opened three new branch locations. Steve Lovecchio opened a new branch in New Orleans, La. Lovecchio comes to TWFG with almost …

Business Moves

Willis, Ireland Willis Group Holdings Limited wants to change the company’s place of incorporation from Bermuda to Ireland. Shareholders will vote on the measure at a meeting in three or four months. The change also requires the approval of the …

Business Moves

Fairfax/Odyssey Re Fairfax Financial Holdings Ltd. will sell $1 billion in stock to fund the purchase of the shares of Odyssey Re Holdings Corp. that it does not already own. Fairfax reduced its stake in the reinsurer a few years …

Business Moves

State Auto, NuGrowth Columbus, Ohio-based super regional insurer, State Auto Financial Corporation, is selling its Strategic Insurance Software (SIS) subsidiary to NuGrowth Solutions, a software sales and development company also headquartered in Columbus. SIS was founded in 1995 with the …

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