Brown & Brown Inc. subsidiary Fullerton & Co. Inc. has substantially all of the assets of Nies Insurance Agency Inc. With annual revenues of approximately $2.7 million, Nies Insurance Agency has served the personal, commercial, and employee benefits insurance needs …
Insurance broker Lockton has received approval from the China Insurance Regulatory Commission (CIRC) to open a new branch office in China, based in Beijing. The new office will be run by Alex Jiang, who will be joined by a number …
Global wholesale, reinsurance and specialist retail insurance broker Cooper Gay Swett & Crawford has agreed to move to a 100 percent shareholding in its Mexican reinsurance broker, Cooper Gay Martinez del Rio, by acquiring the shares held by senior local …
New York-based USI Holdings Corp. has acquired the commercial marine business operation from Venbrook Group LLC, a Los Angeles-based property and casualty company. The acquired business will be combined with USI’s existing marine industry practice group in its Seattle office. …
Ohio Mutual Insurance Group (OMIG) has confirmed that its previously announced acquisition of Maine-based Casco Indemnity Company is complete. The transaction officially closed on Jan. 1, 2011. Casco Indemnity will be operated as a wholly-owned subsidiary of Ohio Mutual Insurance …
Hub Acquires Assets of Canadian Broker Phoenix Grande Prairie Group Hub International Limited announced that it has acquired the assets of Phoenix Insurance Group Grande Prairie Inc., headquartered in the Canadian Province of Alberta. Hub explained that “Grande Prairie is …
AmWINS Brokerage of Texas The Texas operations of Colemont Insurance Brokers was officially renamed AmWINS Brokerage of Texas effective Dec. 1, 2010. AmWINS and Colemont announced a planned merger in April 2010. Combined, the two companies expect to place more …
Marsh & McLennan Agency, Trion Marsh’s retail agency business has acquired Trion Group Inc., the largest privately held employee benefits specialist in the United States with $74 million in annual revenue. Terms of the deal were not disclosed. Conshohocken, Pennsylvania-based …
Brown & Brown, Ruland & Mattingley Insurance C. Roy Bridges, regional president of Daytona Beach, Fla.-based Brown & Brown Inc. and Lloyd S. Ruland III and Philip M. Ruland, shareholders of Ruland & Mattingley Insurance Services Inc. of Laguna Hills, …
Brown & Brown, Comcover Insurance broker Brown & Brown of Florida Inc. is buying Comcover Insurance Group Inc., based in Dania, Fla. With annualized revenues of approximately $1.6 million, Comcover specializes in property/casualty insurance for clients in the wholesale, distribution, …
