mergers and acquisitions 2024 News

King Insurance Adds Barnette Agency in NC, Gilbert Named President

Gainesville, Florida-based King Insurance Partners has acquired Barnette and Coates Inc., an agency in Henderson, North Carolina. Principal Jimmy Barnette said in a news release that the move will allow the agency to expand its access to resources and expertise. …

Arbol Unit Buys Centauri Insurance, Forms Lilypad to Broaden Climate Risk Coverage

A subsidiary of Arbol Inc., a firm that has specialized in climate risks for businesses, including parametric insurance products, has acquired Sarasota, Florida-based Centauri Insurance from Applied Underwriters. The companies announced in an statement that Centauri will become part of …

Brown & Brown Buys Citrus/CHAPP Agency in Florida

Brown & Brown Inc., the sprawling U.S. insurance brokerage based in Daytona Beach, has acquired Citrus Insurance and its affiliate, CHAPP Inc., which secures workers’ compensation coverage for citrus growers in Florida. CHAPP and Citrus have offices in Dundee, Florida. …