Hub International Limited (Hub), a full-service global insurance broker, has acquired Alpha Pension Group Inc. Terms of the transaction were not disclosed. Headquartered in Boston, Mass., Alpha Pension Group is a retirement consulting firm that provides investment analytics, fiduciary governance …
World Insurance Associates LLC (WIA) acquired True & Associates of Westfield, N.J. on December 31, 2020. True & Associates is its largest property/casualty acquisition to date. Terms of the transaction were not disclosed. True & Associates is a multi-line full-service …
The owner of a Maine boat carrying four fishermen that sank off Cape Cod last fall has asked a court to declare it is not at fault. The owner of the 82-foot Emmy Rose wants a Maine federal court judge …
USG Insurance Services Inc., a national wholesaler and managing general agency, has promoted Becca Faust to senior vice president and branch manager in the Canonsburg, Penn., office. Faust joined USG in 2014 as production assistant and climbed through the ranks …
W.R. Berkley Corp. sold off one of its real estate investments – a New York City office complex – at the end of 2020. The sale generated a $105 million pre-tax net gain, according to the commercial lines specialty insurer …
A Maine-based smoked salmon producer is defending itself against claims that its products are not sustainably produced. A New York resident alleged in a lawsuit that Ducktrap River of Maine does not use sustainable practices despite the labels affixed to …
IAT Insurance Group, a provider of specialty property/casualty and surety products, has hired Joe Buffalano as vice president of Underwriting and Management Liability. Buffalano resides in New Jersey and will be based out of IAT Insurance Group’s Newark, N.J., office. …
Lower-middle-market private equity firm Huron Capital’s full-service insurance brokerage platform, High Street Insurance Partners, has acquired Day, Deadrick & Marshall Inc (DDM). Beltsville, Md.-based DDM is a full service, independent agency with a focus on personal, business insurance and financial …
Massachusetts Governor Charlie Baker said last week he is reviewing legislation passed by lawmakers that would overhaul the state’s climate laws, reduce greenhouse gas emissions, create renewable energy jobs and protect poorer communities that can be at higher risk from …
USG Insurance Services Inc., a national wholesaler and managing general agency, has hired Cody Kinkaide as a producer/broker for Commercial Lines in the Philadelphia, Penn., branch. Kinkaide joins the USG team with seven years of insurance experience, most recently with …
