Maritime Insurance, LLC and Port City Holdings, LLC dba KSA Marine Insurance, both of Charleston, S.C., have joined to create a new entity, Maritime Insurance International. The new company combines the agencies’ experience in the marine insurance industry while expanding …
The Hilb Group, LLC (THG) has acquired Gentry Insurance Agency (GIA) Inc. GIA is an independent insurance agency located in Apopka, Fla. The transaction became effective October 1, 2015. As an independent agency, GIA represents multiple insurance companies offering insurance …
PointeNorth Insurance Group (PNIG) in Atlanta has merged with Debra LaVelle, Inc. of Canton, Ga., an independent insurance agency specializing in employee benefits. With this partnership, PNIG’s benefits operation is expanded and the stage is set for ongoing growth. “The …
York Risk Services Group, a provider of claims management, managed care and risk management services, has acquired Brandon, Miss.- based Quick Cat LLC. Quick Cat provides commercial daily and catastrophe claims services on a national basis and can expand their …
United Insurance Holdings Corp. (UPC Insurance) said it will pay $57 million for Interboro Insurance Co., a New York-based property/casualty insurer licensed to operate in four states and Washington, D.C. The deal involves both cash and stock and allows for …
USI Insurance Services has acquired the employee benefits business of Benefit Controls of the Carolinas, Inc. This is the first acquisition in North Carolina for USI. An employee benefits consulting firm, Benefit Controls of the Carolinas, Inc. designs and manages …
Arthur J. Gallagher & Co. has acquired North Alabama Insurance, Inc. in Florence, Ala. Terms of the transaction were not disclosed. Established in 1982, North Alabama Insurance, Inc. (NAI) is a managing general agent and wholesale insurance broker which provides …
AssuredPartners Inc., has acquired Western Rivers Insurance of Paducah, Kentucky and Insurance Center of Murray, Kentucky. The agency’s 22 employees will continue to operate from their current location under the local leadership. An independent insurance agency, Western Rivers traces its …
Prepared Holdings, LLC, the holding company for Prepared Insurance Co., has entered into a definitive merger agreement with Meridian Insurance Holdings, Inc., a private investment group, under which Prepared will be acquired by Meridian. It is anticipated that Meridian will …
Blackstone Group LP acquired a “significant equity stake” in mortgage insurer PMI Group Inc. Blackstone, the New York-based private-equity firm, will provide a loan to PMI for working capital and gains the right to take part in future equity offerings, …
