April 6, 2011
Hub International Limited announced that it has acquired Redcliffe Financial Group, a Vancouver, British Columbia-based employee benefits and life insurance brokerage firm. Terms of the acquisition were not disclosed. Hub said Redcliffe would “become part of the Hub International Insurance …
April 5, 2011
Brown & Brown, Excel U/W, Spirit U/W Brown & Brown Inc. will acquire New Jersey-based Excel Underwriters Alliance Inc. and Spirit Underwriters Inc., the Florid-based brokerage announced. Terms of the transaction were not disclosed. Excel and Spirit offer professional liability, …
April 4, 2011
The Wright Group Services announced it has purchased select assets of the Haylor Freyer and Coon (HFC) office located in Colorado. Terms of the transaction were not disclosed. Consistent with its strategic business plan, Haylor, Freyer & Coon Inc. closed …
April 4, 2011
Liberty Mutual Insurance Europe (LMIE), a member of the Liberty Mutual Group, has confirmed more details of its expanded regional office network and management team to beef up its move into the UK’s commercial lines mid-market. To support the commercial …
April 4, 2011
AequiCap, Seminole Two Florida insurers are facing regulatory action as the state’s Office of Insurance Regulation (OIR) ordered commercial insurer AequiCap Insurance Co. into liquidation and suspended the license of insurer Seminole Casualty Insurance Co. The Fort Lauderdale-based AequiCap was …
April 4, 2011
Maritime General Agency Maritime General Agency formed a new business identity, which it said “combines three niche marine insurance underwriting facilities — Maritime Program Group; Maritime General Agency, Marine MGA, and Windward Marine Underwriters — into one managing general agency.” …
April 4, 2011
Integro, Windward New York-based Integro has acquired Windward International Inc., a marine insurance broker based in New Jersey. Terms of the deal were not disclosed. Windward International Inc. has developed a significant subspecialty in brown water coverage, the industry term …
April 4, 2011
Bowen, Miclette & Britt; Huckleberry Sibley & Harvey Texas-based insurance broker Bowen, Miclette & Britt Inc. expanded into the Florida market though the acquisition of Huckleberry Sibley & Harvey Insurance & Bonds. The acquired agency, HSH, has a client base …
April 1, 2011
California State Compensation Insurance Fund has announced that it ended 2010 with $1.1 billion in new premium earned, and $171 million in net income. The company’s online annual report shows that State Fund’s 2010 net income of $171 million was …
March 31, 2011
Jacobson Group, the Chicago-based insurance executive search firm, announced that it has concluded an affiliation with ejsSearch a London-based firm focused on executive-level assignments in the UK, Europe, and internationally. Jacobson described the affiliation as designed to “best support its …