Marsh McLennan Agency, a subsidiary of Marsh, said it has a definitive agreement to acquire one of the largest agencies in the Southeast—Fisher Brown Bottrell Insurance, Inc. Marsh McLennan Agency will pay $315.9 million in cash, subject to customary purchase …
Novatae Risk Group announced that it acquired the assets of American Management Corporation, (“AMC”) of Conway, Arkansas on September 1, 2023. Terms of the transaction were not disclosed. AMC was founded over 60 years ago and has grown into a …
McGriff announced that it has acquired Alternative Risk Resources (ARR), a Wisconsin-based commercial brokerage firm that specializes in captive insurance. The transaction expands McGriff’s presence in the captive insurance market with a firm that has been active in the industry …
Texas Agency Alliance (TAA), an alliance of independent insurance agencies in the South-Central region of the state, announced the addition of four new independent member agencies. These new members bring TAA’s alliance to over 85 independent agencies. The new entrants …
Signers National announced the acquisition of nonprofit insurance company Eclipse Risk Insurance Services and Whittaker Agency, which will be be run under Lamb Insurance Services, a member company and retail agency in the Signers National family of businesses. Whittaker is …
Florida-based The Liberty Company, one of the largest property/casualty insurance brokers in the country, announced it had secured $340 million in loans to refinance debt and fuel new growth opportunities. The funding, from J.P. Morgan, Fifth Third Bank, Royal Bank …
World Insurance Associates LLC announced that R&S Insurance Agency, Inc. (“R&S”) of Stoughton, Wisconsin has joined World as of August 1, 2023. Terms of the transaction were not disclosed. R&S has been providing insurance products and services to individuals, families …
Risk Strategies acquired Bisnett Insurance in West Linn, Oregon. Bisnett Insurance offers commercial lines, personal lines and employee benefits products. The firm has operations in the Pacific Northwest including Oregon, Arizona and Idaho. Bisnett’s serves a variety of industries, including …
Higginbotham has acquired Houston, Texas-based Iscential, an independent insurance agency, risk management and financial services firm and one of the largest writers of Nationwide property and casualty insurance in the country. This strategic move allows access to enhanced services for …
NFP, a property-casualty insurance broker, benefits consultant and retirement advisor, has acquired Hafetz & Associates, based in Linwood, New Jersey. Hafetz is a general agent specializing in health benefits, work disability and other services for businesses, according to a news …
