Mergers and Acquisitions News

Arthur J. Gallagher Acquires Louisiana Insurance Agency Kent, Kent & Tingle

Arthur J. Gallagher & Co. has acquired Kent, Kent & Tingle, a retail insurance broker based in Shreveport, La. Terms of the transaction were not disclosed. Founded in 1989, Kent, Kent & Tingle (KK&T) provides employee benefits, property/casualty and risk …

York Acquires Texas, Louisiana-Based American Claims Services

York Risk Services Group, a provider of claims administration and risk management services, has acquired American Claims Services Inc. (ACSI) based in Houston, Texas, and Destrehan, La. John Bannon and Bill Johnson of ACSI will continue to lead the acquired …

R-T Specialty Acquires Blais Excess & Surplus Agency of Texas

Ryan Specialty Group’s wholesale brokerage R-T Specialty LLC (RT) has acquired Blais Excess & Surplus Agency of Texas Ltd. (Blais), an independent, specialty wholesale broker with offices in Dallas and Houston. Blais President Philip L. Blais acquired the agency, which …

Marsh & McLennan Expands in Michigan with Employee Benefits Firm

Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh LLC, has acquired Great Lakes Employee Benefit Services, an employee group benefits consulting and brokerage firm based in Troy, Mich. Terms of the transaction were not disclosed. Founded in 1997 …

NSM Insurance Group Acquires Professional Underwriters Agency

NSM Insurance Group announced it has acquired Professional Underwriters Agency Inc. (PUA), a managing general agent specializing in professional liability and located in Oak Brook, Ill. PUA was founded more than 30 years ago as a professional liability market for …

Confie Seguros Expands in Texas with 1 Stop Financial Service Centers

Confie Seguros, a rapidly growing national provider of personal lines insurance, has acquired 1 Stop Financial Service Centers of America, which provides a variety of insurance needs, short term financial assistance and professional tax preparation services. 1 Stop has 16 …

Oklahoma-Based INSURICA Acquires Joe West Co., Related Agencies

INSURICA Insurance Management Network, based in Oklahoma City, has acquired Tulsa-area agency, Joe West Company, and related agencies, Lon T. Jackson Agency and McMasters Insurance Counselors/Keystone Insurance Agency, located in Sapulpa and Sand Springs, Okla., respectively. The agencies will now …

Texas-Based Talon Insurance Agency Merges with Higginbotham

Higginbotham, headquartered in Fort Worth, Texas, and Talon Insurance Agency announced the merger of their operations. Both are independent insurance firms based in Texas providing commercial and personal insurance, risk management and employee benefit services. Talon Insurance Agency has a …

A.M. Best Reviewing Wright National Flood Insurance Co.

Ratings agency, A.M. Best, has placed under review with developing implications the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Wright National Flood Insurance Co. (WNFIC) of San Antonio, Texas. These rating actions follow the …

USI Insurance Services Acquires Ohio’s Quintessential Advisors

Insurance broker, USI Insurance Services (USI), has acquired Quintessential Advisors Ltd. (Quintessential) headquartered in Dayton, Ohio. Terms of the transaction were not disclosed. Quintessential Advisors was founded in 1995 as an independent firm with experienced financial professionals specializing in insurance, …