BB&T Corp. said it has completed its acquisition of wholesale insurance and reinsurance broker CGSC North America (Swett & Crawford) from Cooper Gay Swett & Crawford. North Carolina-based BB&T said it acquired the U.K.-based Swett & Crawford for $500 million …
NSM Insurance Group, has acquired Heacock Classic, a division of Florida-based Heacock Insurance Group that provides collector car insurance. This marks NSM Insurance Group’s third acquisition in the collector car insurance industry. Heacock Classic, originally CollectorGuard, was established under the …
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Celedinas Insurance Group, one of Florida’s largest independent agencies. Terms of the transaction were not disclosed. Established in 1959 and headquartered in Palm Beach Gardens, …
Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Greene-Hazel & Associates, Inc., based in Jacksonville, Fla. Terms of the acquisition were not disclosed. Greene-Hazel specializes in providing multi-line insurance including property and casualty, personal lines and …
Massachusetts Mutual Life Insurance Co. agreed to buy MetLife Inc.’s adviser-force business and affiliated broker-dealer for about $300 million. Massachusetts Mutual Life Insurance Co. has agreed to buy MetLife Inc.’s adviser-force business and affiliated broker-dealer. According to documents filed with …
Venture Insurance Programs, a national insurance program administrator, has acquired Tidal Solutions, LLC, a Charlotte, NC-based managing general underwriter serving the North American specialty commercial marine market. Venture will integrate the Tidal Solutions marine products into its portfolio of industry …
Safety National Casualty Corporation has acquired an excess and surplus company that will begin operations in March 2016 as Safety Specialty Insurance Company (SSIC). Safety Specialty will initially focus on complementing Safety National’s public entity multi-line program, which includes general …
USI Insurance Services has acquired Best Insurance, located in Tamarac, Fla. Best Insurance offers a range of personal insurance products, including homeowners, automobile, motorcycle, boat and watercraft, to customers in Florida, Georgia, North Carolina and South Carolina. Terms of the …
Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services and certain affiliates for cash in a transaction that further diversifies Aspens’s specialty insurance business. AgriLogic, headquartered in Overland, Kansas, is a specialist U.S. crop insurer and agricultural consultant that reported …
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of RPG Solutions, Inc. (RPG) of North Carolina. Terms of the acquisition were not disclosed. Based in Raleigh, RPG specializes in providing employee benefits, HR Services and training …
