Private equity firm Carlyle Group Inc. told Reuters on Monday it has agreed to acquire U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group Ltd. for $1.78 billion in cash. Carlyle said the deal is expected to …
SIAA (Strategic Insurance Agency Alliance) – the largest alliance of independent insurance agencies in the United States – said it has acquired and partnered with Rogue Risk, a digital independent insurance agency. “SIAA has been successful in helping over 4,500 …
Berkshire Hathaway didn’t require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion deal price that Warren Buffett offered to CEO Joseph Brandon in early March—”after some casual conversation” at a dinner meeting. …
The Hilb Group reports it has acquired the Mark E. Malvaso Agency, building upon the company’s presence throughout New York state. The transaction became effective January 1, 2022. Based in Elbridge, New York, the Mark E. Malvaso Agency specializes in …
World Insurance Associates LLC (WIA) acquired PLA Insurance Services (PLA) of Harrisburg, Pennsylvania, on December 1, 2021. Terms of the transaction were not disclosed. PLA is a full-service, multi-solution insurance brokerage firm, with more than 80 years of combined experience …
