mergers and acquisitions 2024 News

Arbol Unit Buys Centauri Insurance, Forms Lilypad to Broaden Climate Risk Coverage

A subsidiary of Arbol Inc., a firm that has specialized in climate risks for businesses, including parametric insurance products, has acquired Sarasota, Florida-based Centauri Insurance from Applied Underwriters. The companies announced in an statement that Centauri will become part of …

Brown & Brown Buys Citrus/CHAPP Agency in Florida

Brown & Brown Inc., the sprawling U.S. insurance brokerage based in Daytona Beach, has acquired Citrus Insurance and its affiliate, CHAPP Inc., which secures workers’ compensation coverage for citrus growers in Florida. CHAPP and Citrus have offices in Dundee, Florida. …