Marsh, Wortham Insurance Global insurance broker Marsh is acquiring Houston-based Wortham Insurance. Terms of the transaction, which is expected to close in the third quarter of 2018, were not disclosed. Founded in 1915, Wortham has more than 530 colleagues based …
Risk Strategies, Corporate Benefit Audits Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Corporate Benefit Audits, a firm providing claim outsourcing and audit services to the medical stop loss, managed care and self-funded industries. …
Kemper, Infinity Kemper Corp. and Infinity Property and Casualty Corp. reported that the companies’ respective shareholders approved proposals related to the agreement announced in February under which Kemper will acquire Infinity. According to the companies, the proposals received overwhelming shareholder …
Ascot US, Greyhawk Insurance Ascot US Holding Corp. has acquired Greyhawk Insurance Co. and its subsidiary, Grey-hawk Specialty Insurance Co. Greyhawk is a Colorado domiciled admitted lines insurer that has been in runoff since 2006. Greyhawk Specialty is a dormant …
Alliant Insurance Services, Crystal & Company Alliant Insurance Services, a Newport Beach, Calif.-headquartered specialty insurance brokerage firm, has entered into a definitive agreement to acquire New York-based Crystal & Company. Terms of the agreement were not disclosed. Following the transaction, …
Sedgwick, Cunningham Lindsey Memphis, Tenn.-based global claims services firm Sedgwick has finalized the acquisition of competitor global loss adjusting and claims management firm, Cunningham Lindsey and its subsidiaries. Sedgwick purchased its competitor from CVC Capital Partners, a private investor group …
Hub International Ltd., Rubino Enterprises Inc., Leitao Insurance Agency Hub International Ltd., a global insurance brokerage, has acquired the assets from Rubino Enterprises Inc., formerly known as TYG Insurance Agency Inc. Based in Arlington, Mass., TYG Insurance provides commercial and …
Alliant, Hecht & Hecht Alliant Insurance Services Inc. has acquired Portland, Ore.-based Hecht & Hecht’s property/casualty insurance services. The deal will bring Hecht & Hecth’s P/C insurance services under the Alliant banner. Alliant previously acquired Hecht’s employee benefits arm in …
Hub, Der Manouel Hub International Ltd. has acquired the assets of Fresno, Calif.-based Der Manouel Insurance & Financial Services Inc. Terms of the deal were not disclosed. DMIG’s leadership team and staff will join Hub California. Michael Der Manouel Jr., …
Paragon Insurance Holdings, Edgewood Partners Insurance Center, Oak Hill Capital Partners Avon, Conn.-based Paragon Insurance Holdings LLC announced that Edgewood Partners Insurance Center and Oak Hill Capital Partners have taken an equity stake in the firm. Terms of the deal …
