Business Moves

Business Moves

TAPCO Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance lines. The company says it has the ability to …

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PacWest Alliance, Shaw Group The Shaw Group of Eureka, Calif., and its affiliates: Anderson, Robinson & Starkey Inc.; Shaw & Petersen Insurance Inc.; PS Insurance Inc. dba Shaw Insurance Services; and Harbers Insurance Agency Inc. are the newest members to …

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Marsh, Insurance Alliance New York-based Marsh & McLennan Agency, a subsidiary of insurance mega-broker Marsh Inc., has acquired Insurance Alliance, one of the largest independent insurance agencies in Texas. Terms of the deal were not disclosed. Marsh said the transaction …

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USAA Military insurance company USAA is expanding its customer base by nearly 35 million prospects by opening up eligibility for its products to all veterans who have served in the U.S. Armed Forces at any time. More than 18 million …

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Aon, Carpenter Moore Global insurance broker Aon Corp. has agreed to acquire Carpenter Moore Insurance Services, Inc., a provider of executive liability risk management services and a wholly owned subsidiary of The NASDAQ OMX Group, Inc. Financial terms of the …

Business Moves

TLLA, Crawford Claims management provider Crawford & Company has acquired certain assets of Technical Loss Adjustment and Appraisal LLC (TLAA) of Chicago. The firm’s five experienced adjusters have joined Crawford’s Global Technical Services organization, Crawford announced. TLAA, established in May …

Business Moves

BB&T, Oswald Trippe Raleigh, North Carolina-based BB&T Insurance Services, the nation’s seventh largest insurance broker, said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Co. Inc. of Fort Myers. Terms were not disclosed. In …

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AJ Gallagher, Triad Arthur J. Gallagher & Co. acquired Triad Insurance Agency Inc., in Honolulu from The Bank of Hawaii. Terms of the transaction were not disclosed. Originally founded in 1967, Triad Insurance Agency is a managing general agent and …

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AmTrust, American Capital New York-based AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty insurance business. AmTrust said it will initially invest approximately …

Business Moves

AmTrust, American Capital AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty insurance business. AmTrust said it will initially invest approximately $42.5 million. …

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