National Alleghany Corp., Berkshire Hathaway Alleghany Corp. on June 9 said its stockholders approved and adopted Berkshire Hathaway’s offer to buy the company for $11.6 billion. “We are pleased our stockholders have overwhelmingly voted to support this compelling transaction, which …
East Choice Financial, Fonner Insurance Choice Financial Group has acquired property/casualty insurance agency Fonner Insurance Associates in Abington, Pennsylvania. Fonner has served the greater Philadelphia area for 30 years led by the Fonner family. William and Eric Fonner will continue …
National NSM, Carlyle Group Private equity firm Carlyle Group Inc. has agreed to acquire U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group Ltd. WTM.N for $1.78 billion in cash, according to Reuters. Carlyle said the deal …
National SIAA, Rogue Risk SIAA (Strategic Insurance Agency Alliance) said it has acquired and partnered with Rogue Risk, a digital independent insurance agency. Ryan Hanley, the founder of Rogue Risk, says his agency has a mission to deliver “a ‘No …
National Berkshire Hathaway Warren Buffett’s Berkshire Hathaway reached an agreement with Alleghany Corp. to buy the New York-based property and casualty insurer for about $11.6 billion. Omaha, Nebraska-based Berkshire will acquire all outstanding Alleghany shares for $848.02 per share in …
East Hillb Group, Cohen Insurance The Hilb Group acquired E.B. Cohen Insurance and Risk Management, with offices in Roseland, New Jersey, and New York, New York. E.B. Cohen provides insurance and risk management services with a focus on hospitality, real …
National Liberty Mutual, State Auto Liberty Mutual Insurance has completed the all-cash deal of about $1 billion for super-regional insurer State Auto Group. The transaction was originally announced in July 2021. Now that it gained all required regulatory approvals, Liberty …
National Travelers, Trōv Trōv, an early insurtech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist, announced The Travelers Companies will acquire its technology assets. Trōv’s insurance technology — application programming interfaces (APIs) …
East Truist Insurance, Kensington Vanguard Charlotte, North Carolina-based Insurance broker Truist Insurance Holdings Inc. agreed to acquire the national title insurance agency Kensington Vanguard National Land Services. The transaction expands Truist’s presence in the title insurance market. Truist’s existing title …
National Marsh McLennan, Affinity Agency Association Member Benefits Advisors, a national affinity-based membership and marketing insurance agency, has agreed to acquire the associations business of Mercer, a business of Marsh McLennan. Mercer’s association benefits business, Mercer Affinity, includes insurance marketing, …
