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USI Acquires Ames-Grenz Insurance Services in California

May 16 2022 // USI Insurance Services acquired Sacramento, California-based Ames-Grenz Insurance Services Inc. Ames-Grenz is an employee benefits brokerage and advisory firm. USI is an insurance brokerage and consulting firm providing...

Arthur J. Gallagher Acquires Illinois’ Hruska Insurancenter

May 16 2022 // Arthur J. Gallagher & Co. announced the acquisition of Mokena, Illinois-based Hruska Insurancenter, Inc. Terms of the transaction were not disclosed. Founded in 1956, Hruska Insurancenter is a retail property/casualty...

Russia’s Aeroflot Buys 8 Stranded Airbus A330 Aircraft From Leasing Firms

May 16 2022 // Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part of the fulfillment of contractual obligations.” More than 400 aircraft...

Alabama DOI to Hold Hearing on VR Acquisition of National Security Group

May 13 2022 // The Alabama Department of Insurance will hold a hearing in June on VR Insurance Holdings’ proposed purchase of the National Security Group. VR Insurance Holdings is a recently formed Delaware-based company formed by...

People Moves: WTW Reshapes M&A Practice; Starr Names Relationship Leader; Cover Genius Adds 2

May 13 2022 // WTW Vows to Grow M&A Practice, Appoints Broking Regional Leader Insurance broker WTW (Willis Towers Watson) announced that Mark Rusas will focus exclusively on leading the Mergers & Acquisitions (M&A) practice...

Choice Financial Buys Pensylvania’s Fonner Insurance

May 12 2022 // Choice Financial Group reported that it has acquired property/casualty insurance agency Fonner Insurance Associates in Abington, Pennsylvania. Fonner has served the greater Philadelphia area for 30 years led by the Fonner...

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