PCF Insurance Services News

P/C Agency Mergers Rise 10% in First Half of 2021: OPTIS Partners

There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020. According to OPTIS Partners’ M&A report, It was the highest recorded total for the first half of the year. …

People Moves: Allied American Adds Manioukov as Producer in California, PCF Names Smith President

Allied American Underwriters, a division of USG Insurance Services Inc., has named Eugene Manioukov as producer/broker specializing in workers’ compensation in the Irvine, Calif., branch. Manioukov has four years of experience in the industry, most recently with Reata Holdings. AAU …

Insurance Broker PCF Acquires Avidity Insurance in Kansas

PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired Avidity Insurance, an Overland Park, Kansas-based independent insurance agency founded in 2013 by Will Wilson. Avidity offers home, auto, business, life and specialty insurance products and services. Founded in …

First Fidelity Brokerage of N.Y., Moulton Insurance of Mass., Acquired by PCF

PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired two brokerages based in the Eastern U.S. The brokerages that have joined PCF include: First Fidelity Brokerage, a New York City-based full-service property & casualty insurance broker with a …

PCF Insurance Services Acquires Horizon Insurance of Florida

PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired Horizon Insurance, a Bradenton, Fla.-based provider of personal, commercial and financial services insurance. Horizon Insurance is an independent agent started in February 2004 when Lori P. Augustyniak purchased the …

Cannabis Broker Spotlight: Parenti with PCF Loves Cannabis and Pizza

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

PCF Insurance Services Acquires Grosslight Insurance in California

PCF Insurance Services has completed the acquisition of Grosslight Insurance Inc., headquartered in the Westwood neighborhood of Los Angeles, Calif. Terms of the deal were not disclosed. Grosslight Insurance, with offices in Westwood and Rancho Cucamonga, was founded in 1950 …