ENV Insurance Agency LLC of Liverpool, N.Y., has joined AssuredPartners Inc. The team of 26 will remain under the operational leadership of Ed Vaughn and Terry Engels. The agency currently reports $7.5 million in annualized revenues. Headquartered in Lake Mary, …
Starkweather & Shepley Insurance Brokerage Inc. (S&S) has acquired Newport Insurance Agency Inc. (NIA). Located in Middletown, R.I., with 13 associates on staff, Newport Insurance is an independent agency serving commercial and personal lines clients throughout southern New England. Newport …
AHT Insurance has acquired Mason & Mason Insurance. Mason’s offices in Whitman, Mass., located near Boston, and North Conway, N.H., will become AHT’s eighth and ninth locations nationally. Mason’s staff of insurance professionals will join forces with AHT’s professionals following …
There were 288 announced insurance agency mergers and acquisitions during the first half of 2020, down from 328 in 2019, according to a report from OPTIS Partners. It was the lowest six-month period total since 2017. “Some of the active …
CBIZ Inc. has acquired substantially all of the assets of Prince-Wood Insurance L.L.C. (PWI) of Woodbridge, Va., effective July 1, 2020. Established in 1967, PWI provides property and casualty insurance to small and mid-sized businesses in Northern and Central Virginia, …
World Insurance Associates LLC (WIA) has acquired Bentsen Combies Insurance Inc. of East Greenwich, R.I., on June 1, 2020. Terms of the transaction were not disclosed. Bentsen Combies is an independent insurance agency that has been serving the local community …
Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of Beacon Hill Associates Inc. (BHA), an environmental wholesale brokerage firm, including BHA’s PartnerOne (P1) environmental underwriting division. Terms of the acquisition …
U.S. Insurer Allstate Corp. said on Tuesday it will buy National General Holdings Corp. for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed traffic on roads and reduced claims. …
The board of data analytics firm CoreLogic yesterday unanimously rejected an acquisition offer from an investment firm and hedge fund, calling the unsolicited bid undervalued. CoreLogic added that it would be willing to meet with the two firms behind the …
The Plexus Groupe, a privately held broker, has acquired Community Insurance Group (CIG) of Brandon, Fla. This is the first entrance into the Florida market for Plexus, which has locations in Atlanta, Chicago, Dallas, Los Angeles and Oklahoma City. The …
