Florida agency acquisition News

Florida-Based Triton Acquires Phoenix Insurance, Expands into Commercial Market

Triton Insurance Group, Inc., based in Margate, Fla., has entered the commercial insurance market with the acquisition of Phoenix Insurance Group, located in Coral Springs. Currently, Triton Insurance Group, Inc., offers personal lines insurance in the state of Florida and …

Hub International Acquires Florida’s Smith Watson Parker Insurance

Global insurance broker Hub International Limited said it has acquired the assets of Smith Watson Parker Insurance, a Hollywood, Florida-based independent insurance brokerage. Terms of the acquisition were not disclosed. The broker said Smith Watson Parker will become part of …

S&S Insurance Solutions of Florida Acquires Imperial Insurance

S&S Insurance Solutions of Florida, a division of East Providence, Rhode Island-based Starkweather & Shepley Insurance Brokerage, has acquired Imperial Insurance of Naples, Florida. Terms of the transaction were not disclosed. Imperial Insurance is a multi-line insurance agency, formed in …

Regions Insurance Opens Florida Office with Acquisition of Teaberry Business

Regions Insurance, an affiliate of Regions Bank, has opened an office in St. Petersburg, Florida after agreeing to purchase the accounts of Teaberry Health and Welfare Benefits Practice. Financial terms of the agreement were not disclosed. The office was established …

Hilb Group Acquires Martin Agency of Kentucky, Florida

The Hilb Group has acquired The Martin Agency Inc. (TMAI) with offices in Danville, Kentucky, and Celebration and Ormond Beach, Florida. TMAI will continue to operate at its current locations under the leadership of John Carrithers. TMAI represents THG’s continued …