The Busiest Agency Buyers in 2008

December 21, 2008

Brown & Brown

  • December: Stewart & Tunno Insurance Agency Inc., Portland, Ore.
  • November: Small Business Unit of Conner Strong, Cherry Hill, N.J.; Agency Associates Inc., Zionsville; Health Insurance Exchange, Seattle, Wash.
  • October: Al Phillips Insurance Agency, Nashville, Tenn.
  • August: Advanced Insurance Concepts Inc., Bensalem, Pa.; Reed Brothers Insurance Group, Columbia, Ky., and Tampa, Fla.; Burt & Associates Benefit Planning Inc., Elkhart, Ind.; Fullerton & Co., Portland, Ore.
  • July: Great Lakes Risk Management Inc., Toledo, Ohio; Taylor Benefit Services Inc., Atlanta, Ga.
  • June: Alpha Benefits Group Inc., Plymouth Meeting, Pa.; HBA Insurance Group, Miami, Fla.; Dill, Joyce & Thresher Inc., Avon, Conn.
  • May: Debock & Muth Insurance Agency Inc., Stockton, Calif.; Nathan Stone Insurance Agency, Encino, Calif.
  • April: Hull acquires Big Sky Underwriters Inc., Missoula, Mont.
  • March: Powers & Co., Rocklin, Calif.; The Benefits Department, Charlotte, N.C.
  • February: Subway Franchise Accounts from Franchise Insurance Agency; Custom Outsourcing, Tampa, Fla.
  • January: LDP Consulting Group, Lambertville, Livingston and Shrewsbury, N.J.; Diversified Insurance Brokerage Inc., Indianapolis, Ind.; Smith-Peabody-Stiles Insurance Agency Inc., Fenton and Brighton, Mich.; AGA Insurance, Alpharetta, Ga.; Turner & Associates, Tecumseh, Okla.

Arthur J. Gallagher & Co.

  • December: Treiber Agencies, Garden City, N.Y.
  • November: Continental Special Risks Inc., Roswell, Ga.; The HR Group LLC, Brentwood, Tenn.; Roberts & Roberts Insurance Service Inc., Greensboro, N.C.
  • October: 40 percent interest in Specialized Broking Associates, Perth, Australia; Fuller & O’Brien Inc., Albany, N.Y.
  • September: Summit Insurance Group, San Antonio, Texas; Oxygen Insurance Managers Ltd., London, England; California Insurance Center Inc., Lafayette, Calif.
  • August: Wm. W. George & Associates Inc., Dallas, Texas
  • July: Gale Smith & Co. Inc., Brentwood, Tenn.
  • June: Voluntary Benefits Solutions LLC, Troy, Mich.; Lance Group LLC, Marlton, N.J.
  • May: Specialty Risk Inc., Liberty, Mo.; RSI, Mount Laurel, N.J.
  • April: Life Insurance Strategies, Ft. Lauderdale, Fla.
  • March: Healthcare Risk Solutions LLC, Ft. Washington, Pa.; Providium Consulting Group LLC, Fairport, N.Y.; Bankers Financial Benefits, Oklahoma City, Okla.; The Splinter Group Inc., Park Ridge, Ill.
  • February: Sale of reinsurance operations to Aon Corp.; Leicht General Agency, Houston, Texas; Taylor Benefits, Holladay, Utah; The Commonwealth Consulting Group, Jenkintown, Pa.; Petty Burton Associates Inc., Montclair, N.J.
  • January: Yanni Partners Inc., Pittsburgh, Pa.; Crist Elliott Machette Insurance Services Inc., Oakland, Calif.; AVRECO

Hub

  • November: M&L Insurance Services, Thousand Oaks, Calif.
  • September: Pickett & Adams Insurance Agency Inc., Mobile, Ala.; Fredricksen Insurance Services/Pmt Hemet, Calif.; Arnold and Associates, Phoenix, Ariz.
  • June: Falkenberg Agencies, British Columbia; Nett & Champion Insurance, Santa Barbara, Calif.
  • March: Flynn Insurance, Billings and Missoula, Mont.
  • February: Scheer’s Inc. Westmont, Ill.
  • January: Lenhardt Insurance Agency Inc., Billings, Mont.; HKMB International Insurance Brokers, Toronto, Ontario; JRN Benefits, Santa Barbara, Calif.

Topics Texas

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Insurance Journal Magazine December 22, 2008
December 22, 2008
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Year in Review: Top Newsmakers, Markets and More; Wishes and Predictions; Mergers & Acquisitions