Alliant Insurance Services, a Newport Beach, Calif.-headquartered specialty insurance brokerage firm, has entered into a definitive agreement to acquire New York-based Crystal & Company. Pursuant to the agreement, the transaction is expected to close within the next 30 days, subject …
Jelf, a consultant that specializes in insurance, risk management and employee benefits, announced it has reached an agreement to acquire Clark Thomson, Scotland’s largest independent insurance broker. The transaction is expected to close in the second quarter of 2018. Terms …
Arthur J. Gallagher & Co. has acquired Houston-based Integrity Transportation Insurance Agency LLC. Terms of the transaction were not disclosed. Integrity Transportation Insurance Agency is a retail property/casualty broker serving Texas-based transportation clients, primarily long-haul truckers. Hudson Knox III and …
Smith Brothers Insurance LLC has purchased the assets of Bailey Agencies Insurance of Groton, Conn. Bailey was founded in 1890 by Henry Bailey to help protect families and businesses throughout the Southeastern Connecticut region. Owned and operated by the Scott …
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the shares of ES3 Insurance Services Ltd. operating as ES3 Advisory. Terms of the acquisition were not disclosed. Headquartered in Vancouver, British Columbia, ES3 Advisory is an employee benefits …
Seeman Holtz Property & Casualty Inc. has acquired the federal employee insurance business of Federal Employee Services LLC in Edmond, Oklahoma. Federal Employee Services provides coverages to both civil service and military. Seeman Holtz will be handling and servicing all …
SoftBank Group Corp. borrowed about $8 billion through a margin loan backed by its Alibaba Group Holding Ltd. stake as the Japanese technology giant aims to bolster its financial flexibility, according to people familiar with the matter. The loan, guaranteed …
Who wouldn’t want the attention of a billionaire like Masayoshi Son? The SoftBank founder is Japan’s third-richest man, with interests from ride-hailing app Uber to shared-office firm WeWork. So when he was reported to be eyeing a 25 percent stake …
Cook Maran & Associates (Cook Maran) has acquired Rosenthal Insurance Group Inc. (Rosenthal). Cook Maran is a New York and New Jersey insurance broker and the New York metropolitan area platform for Prime Risk Partners (PRP). Rosenthal is a Wayne, …
IAT Insurance Group (IAT) has reached a definitive agreement to acquire IFIC Surety Group Inc. for an undisclosed amount. The acquisition signals IAT’s entry into the surety market. The closing of the transaction is subject to customary regulatory approvals. IFIC …
