2018 Business Moves & Mergers News

Dean & Draper Insurance Acquires Houston’s Painter Reichman & Co.

Dean & Draper Insurance Agency LP has acquired Painter Reichman & Co., a Houston-based agency specializing in personal and commercial insurance. Painter Reichman & Co was founded in 1906 and was purchased by J.T. Curson in 1935. Since then, it …

NSM Acquires Louisiana’s KBK Insurance Group

NSM Insurance Group has acquired the assets of Harahan, Louisiana-based program manager, KBK Insurance Group. With over 25 years of experience, KBK specializes in the towing and transportation industries. NSM Insurance Group is continuing to grow organically and through strategic …

Valley Insurance Agency in Washington Joins Leavitt Group

Leavitt Group has made Valley Insurance Agency part of Leavitt Group Northwest. Terms of the deal were not disclosed. Valley Insurance Agency’s Robert Bush, Sheila Siggins and Ginger Patton will remain with the merged agency. Bush and Siggins will work …

Arthur J. Gallagher Acquires Buckman-Mitchell in California

Arthur J. Gallagher & Co. has acquired Buckman-Mitchell Inc., with offices in Visalia and Fresno, Calif. Terms of the deal were not disclosed. Clifford Dunbar, Judy Fussel, Brent Swanson, Todd Williams, Stephan Chrisman, Linda Loflin and their associates will continue …

Alera Group Acquires Orion Risk Management Insurance Services in California

Alera Group has acquired Orion Risk Management Insurance Services. Terms of the deal were not disclosed. Orion is a commercial insurance broker and risk management firm with three locations throughout Southern California. Deerfield, Ill.-based Alera Group provides employee benefits, property/casualty, …

Markel Completes Acquisition of Investment Manager Nephila

Specialty insurer Markel Corp. has completed its acquisition of Nephila Holdings, an investment manager specializing in reinsurance risk. According to the transaction that was first announced in August, Nephila will continue to operate as a separate business unit. The management …

Ohio’s Scott Molino Agency Joins Smith & Leavitt Insurance Services

Scott Molino Agency in Grove City, Ohio, has affiliated with Smith & Leavitt Insurance Services and will now do business as Leavitt Group Midwest-Smith, Molino & Sichko. The agency will continue to offer Nationwide insurance products. The affiliation will not …

DMS Insurance Holdings’ Sherman Partners on Purchase of Texas Agency

A longtime Texas insurance agency is now operating under its former name, Sleeper Sewell Insurance, following the purchase of the assets of ANBTX Insurance Services by agency president Von E. Breaux and industry veteran D. Michael Sherman, owner of DMS …

Texas Agency Sleeper Sewell Regains Name Following Asset Purchase

A longtime Texas insurance agency is now operating under its former name, Sleeper Sewell Insurance, following the purchase of the assets of ANBTX Insurance Services by agency president, Von E. Breaux, and industry veteran D. Michael Sherman, owner of DMS …

Cascade Insurance Agency in Washington Merges with Leavitt Group

Oak Harbor, Wash.-based Cascade Insurance Agency merged operations with Leavitt Group Northwest. Terms of the deal were not disclosed. Shelli Trumbull will join Sue Blouin and Bonnie Wallin in Leavitt Group’s Oak Harbor office. With this merger, the combined agency …