agency M&A 2017 News

USI Wins Competition to Acquire Wells Fargo Insurance Businesses

Wells Fargo is selling its commercial insurance business to national brokerage USI Insurance Services. USI said it has agreed to acquire Wells Fargo Insurance Services USA that includes commercial insurance brokerage and consulting, employee benefits and property/casualty national practices, along …

Agency Organic Growth Fell in Q1: Reagan

Agencies and brokerage firms reported that their organic growth fell to 3.9 percent in the first quarter of 2017, the weakest growth rate since 2011. According to Reagan Consulting’s Organic Growth and Profitability (OGP) Survey, the drop had a lot …