PSA Insurance and Financial Services (PSA), an independent insurance brokerage firm, has acquired H.U. Dove & Company, a 175 year old Baltimore-based company. The acquisition was final as of April 1, 2020. To better assist its partners during these unpredictable …
Shareholders in Italian cooperative insurer Cattolica Assicurazioni approved its conversion into a joint-stock company on Friday, paving the way to a tie-up with Generali to boost its capital position. Generali last month agreed to buy 24.4% of Cattolica and signed …
World Insurance Associates LLC (WIA) acquired Airways International Insurance Services LLC (AIIS) of Mickelton, N.J., on May 1, 2020. Terms of the transaction were not disclosed. Alex Morris founded Airways International Insurance Services in 2006 after more than 30 years …
Finnish insurance group Sampo Oyj is exploring an entry into the UK market with a potential bid for general insurer Hastings Group Holdings Plc. Sampo and Hastings’s biggest shareholder, Rand Merchant Investment Holdings Ltd., have approached the London-listed insurer about …
The investors seeking to take over CoreLogic Inc. plan to solicit support from fellow shareholders to replace nine directors, after the company rejected their $7 billion proposal to take it private. Cannae Holdings Inc. and Senator Investor Group previously said …
Insurance broker Acrisure announced that it has acquired artificial intelligence (AI) company Tulco LLC’s insurance practice with the aim of bringing data science, AI and machine learning capabilities to the insurance brokerage industry. Acrisure said it will harness AI capabilities …
First American Insurance Agency, an independent insurance firm, has acquired Morin & Foy, a property and casualty firm situated in Brimfield, Mass. First American Insurance Agency is only acquiring the Brimfield, Mass., location. Morin & Foy serves its surrounding communities …
The N. Pingree Insurance Agency and its Georgetown and Haverhill, Mass., offices have joined the Duffy Family of Insurance Agencies. N. Pingree Insurance Agency was established in 1938 by H. Nelson Pingree. Brothers Robert and Calvin Pingree took over for …
Sapiens International Corporation, a global provider of software solutions for the insurance industry, has entered into a definitive agreement to acquire Delphi Technology Inc. (Delphi), a Boston, Mass.-headquartered vendor of software solutions for property and casualty carriers with a focus …
Insurance software provider Sapiens International Corp. has agreed to acquire Delphi Technology Inc., a software vendor focused on the medical professional liability insurance carrier markets. The total consideration is up to $19.5 million in cash. Delphi reported 2019 full-year revenue …
