BB&T Insurance Services said it will acquire Woodbury & Co. of Wilmington, N.C., and Myrtle Beach, S.C. Woodbury & Co. sells commercial property/casualty; employee benefits; individual life and health; personal lines; and professional liability throughout the Carolinas. The agency has …
Wells Fargo & Co., the largest U.S. home lender, has agreed to sell more than 40 percent of its insurance brokerage locations to focus bricks-and-mortar operations on higher-growth regions and bigger clients. USI Insurance Services will purchase 42 of Wells …
Bangor, Maine-based Cross Insurance has acquired the assets of two insurance brokers – Willis of Northern New England Inc., and The Insurance Exchange Inc. of Stamford, Connecticut. Formerly known as the Dunlap Agency, Willis of Northern New England is a …
The Hilb Group, LLC said it has acquired Hockman Insurance Agency Inc. of Tampa, Florida. The transaction was effective January 1, 2014. Terms were not disclosed. Hockman Insurance will continue to operate at its current location under the leadership of …
Personal lines insurance brokerage Confie Seguros, has acquired three additional brokers — two in New York and one in Texas. Terms were not disclosed. The insurance brokerages acquired are: James S. Sullivan Agency and Advanced Auto Insurance in New York …
Global insurance broker Hub International Limited has acquired the assets of Connelly, Carlisle, Fields & Nichols (CCFN), a Clearwater, Florida-based insurance brokerage firm. Terms of the acquisition were not disclosed. The CCFN operations will form a new regional Hub doing …
ECM Solutions of Charlotte, North Carolina, which sells commercial and personal insurance along with risk management services, has acquired the Ferguson Employee Benefits Agency in Greenville, South Carolina. ECM Solutions was founded in 1987 and has more than 6,000 clients. …
Growing personal lines agency Confie Seguros has acquired Economy Insurance Mart of Spring Hill, Fla., which sells auto, home and small commercial insurance. Economy Insurance Agency was founded in 1993 and is a privately owned independent insurance agency serving Hernando …
Arthur J. Gallagher & Co. acquired The Eriksen Group Inc., in Birmingham, Mich. Terms of the deal were not disclosed. The Eriksen Group is a retirement consulting firm that provides ongoing and project-based retirement consulting services to clients throughout the …
RLI Corp. has acquired Rockbridge Underwriting Agency, a managing general agency specializing in medical malpractice insurance. Rockbridge Underwriting Agency is a Houston-based managing general agency specializing in surplus lines medical malpractice insurance for individual physicians and physician groups with unique …
