Business Moves

McLarens Young Acquires Washington Oregon Claim Service

McLarens Young International has acquired Washington Oregon Claim Service, a middle market claims adjusting firm in the Pacific Northwest. The acquisition is Atlanta-based MYI’s first step into the U.S. middle market, and will begin to balance its high value commercial …

BB&T to Acquire Liberty Benefit in California

BB&T Insurance Services is acquiring San Jose-based Liberty Benefit Insurance Services. Liberty will operate as BB&T-Liberty Benefit Insurance Services. The acquisition adds 25 employees to BB&T Insurance Services, BB&T said. The transaction is expected to be completed Oct. 1. Terms …

NAS Appoints Schmickle SVP of New Entertainment and Sports Division

Encino, Calif.-based NAS Insurance has appointed Jerid Schmickle as senior vice president of its newly launched entertainment and sports division. He will head the division, and target risks within the entertainment, hospitality, media and sports industries. Schmickle comes from NAS …

Torus Acquires Broadgate, Lloyd’s Syndicate 1301

Specialty insurer Torus has confirmed that it has “entered into an agreement with Clal Insurance Enterprises Holdings Limited to acquire London-based Lloyd’s Syndicate 1301 and its corporate members Broadgate Underwriting Limited and Broadgate Underwriting 2010 Limited.” The acquisition is subject …

Whittington Sells UK Business to Finance Asia Expansion

Whittington Group, the Singapore-based international insurance investor, announced it has reached a definitive agreement to sell its London businesses to a consortium, comprising Tawa Plc, Skuld, and Paraline Group, Ltd., who will acquire Whittington Insurance Markets Limited (WIM) and its …

Transatlantic Dismisses Fresh Berkshire Offer

Reinsurer Transatlantic Holdings Inc said it received a renewed buyout offer of $52 a share in cash from Warren Buffett’s Berkshire Hathaway Inc but said the bid was too low. Transatlantic and Allied World Assurance Co Holdings Ltd called off …

Business Moves

LevelFirst LevelFirst is a new diversified wholesale broker and managing general agency based in Dallas, Texas, that serves retail agents in the Southwest and across the country. President and CEO of LevelFirst, Robin Stough, announced that the new organization will …

Business Moves

Yardi, Multifamily Insurance Group Santa Barbara, Calif.-based real estate management software firm Yardi has acquired Dallas-based Multifamily Insurance Group (MIG) in a move that allows it to provide renters insurance to its property owner clients. Yardi will now offer insurance …

Business Moves

OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned risk insurance markets primarily in New York and …

Business Moves

OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned risk insurance markets primarily in New York and …

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