Buckeye Insurance Group, Marias Technology Buckeye Insurance Group, of Piqua, Ohio, formed Marias Technology, an information technology company. Marias Technology provides a range of IT services in areas such as system and Web hosting, information technology consulting, and business process …
Capstone Associated Services Houston-based Capstone Associated Services Ltd. announced it formed its 100th captive insurance company. Capstone formed its first captive in 1998 and has since formed captives for a variety of middle market businesses with headquarters throughout the United …
Mercury General, Florida Citing fourth quarter losses in Florida of $19 million, Mercury General said it would begin withdrawing from the state’s homeowners insurance market. The company will send the mandatory 180-day advance notice of its intent not to renew …
Bailed-out insurer AIG is facing fresh hurdles in its second attempt to sell its Nan Shan unit in Taiwan, with an unhappy union weighing in against the $2.16 billion deal. The agreement to sell the unit, Taiwan’s No.3 life insurer, …
French reinsurer SCOR Group announced that it is “disposing of its US Fixed Annuity business through the sale of its subsidiary Investors Insurance Corporation (IIC) for $55 million.” The entire share capital of IIC will be acquired by Athene Holding …
Brown & Brown has acquired United Benefit Services and Beverly T. Gottlieb & Associates, two metro-Boston agencies specializing in employee benefits and related insurance products. Terms of the deal were not disclosed. The two agencies — headquartered in Newton and …
L/B/W Insurance & Financial Services Inc. has acquired neighboring independent agency Fortman Insurance. In the arrangement, all Fortman staff members were retained and moved to the Valencia, Calif., offices of L/B/W. John Fortman now heads the Personal Lines division for …
Marsh & McLennan Agency (MMA), the retail unit of Marsh, has acquired the Boston office of Kinloch Consulting Group Inc., the employee benefits division of Kinloch Holdings Inc. Terms of the transaction were not disclosed. Kinloch Boston — which has …
Austin, Texas-based All Web Leads Inc., an online sales lead generation company supplying the U.S. insurance industry, has acquired InsuranceLeads.com, a provider of online leads to insurance agents, brokers and carriers. To finance the acquisition All Web Leads teamed with …
A.J. Gallagher; Herbruck, Alder; Behnke & Co.; Premier Risk Services Illinois-based global insurance broker Arthur J. Gallagher & Co. reported the acquisitions of Herbruck, Alder & Co., an employee benefit brokerage located in Cleveland, Ohio; Behnke & Co. Inc., a …
