Higginbotham Insurance Group and BenefitSpecialists announced the merger of their operations in Houston. BenefitSpecialists, an employee benefits broker in Houston, will align capabilities with Higginbotham to offer a single source solution for insurance, risk management and employee benefits services. BenefitSpecialists …
USI Insurance Services announced it has closed on the acquisition of certain assets of Toledo, Ohio-based National Insurance Specialists (NIS). The acquisition is expected to contribute approximately $1.6 million in revenues to USI on an annual basis. Terms of the …
Hilltop Holdings Inc. a Dallas-based holding company that through a subsidiary provides fire and homeowners insurance to low value dwellings and manufactured homes, and Dallas-based PlainsCapital Corp., the financial services holding company for PlainsCapital Bank, PrimeLending and FirstSouthwest have agreed …
Western National Mutual Insurance Co., based in Edina, Minn., has closed on the purchase of 100 percent of the stock of Arlington Heights, Ill.-based Dynamic Insurance Group, parent holding company of American Freedom Insurance Co. American Freedom Insurance will operate …
Allied World U.S. has expanded its professional lines operations through the launch of a new mergers and acquisitions division that will be headed up by Jeff Anderson, vice president, in the company’s New York office. The new division will initially …
Houston-based Town & Country Insurance Agency Inc., a subsidiary of Encore Bancshares Inc. and an affiliate of Encore Bank N.A., has completed its acquisition of Whittington Insurance Agency. Whittington Insurance Agency is an independent insurance agency headquartered in League City, …
Chartis announced it has acquired Service Net Warranty LLC, an Indiana-based provider of warranty/extended service plan administration and claims services. Chartis will integrate Service Net into its U.S. Warranty Division, which currently services more than 75 million active contracts. Financial …
Two well-known Texas independent insurance agencies have merged. Dallas-based McQueary Henry Bowles Troy (MHBT) and Shofner, Lynch & Shulse LLC (SLS) announced that the SLS Lubbock office joined MHBT effective Jan. 1, 2012. The merger offers MHBT a long-sought-after West …
Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Chicago, has appointed William “Bill” Monat as senior placement specialist, transactional solutions products, in its national mergers and acquisitions unit. The Willis National Mergers …
Houston-based HCC Insurance Holdings Inc. announced the merger of Pioneer General Insurance Co. (PGIC) with and into American Contractors Indemnity Co. (ACIC), both of which are wholly owned subsidiaries of HCC. The merger was effective Dec. 31, 2011, and all …
