Author: mysticcapital

Penn Millers divests Eastern Insurance Group February 2, 2009 — Penn Millers has completed the sale of its insurance agency operation to Eastern Insurance Acquisition Group, a local investment group. The sale was part of Penn Millersí strategy to concentrate on underwriting property/casualty insurance for Agribusiness and Commercial Business customers. Eastern Insurance Group (EIG) is…

Long Islandís Bradley & Parker Acquires Profile Coverage Jan 19, 2009 — SYOSSET, N.Y.–(BUSINESS WIRE)–Bradley & Parker today announced the acquisition of Profile Coverage Corporation and its affiliated companies, located in Ronkonkoma, New York. With roots going back to 1964, Profile Coverage Corp. is an all lines insurance agency/broker offering risk management, commercial and personal…

The Main Street America Group and Westfield Insurance Announce Delaware Personal Lines Agreement Jan 7, 2009 — JACKSONVILLE, Fla. & WESTFIELD CENTER, Ohio–The Main Street America Group and Westfield Insurance announced today they have reached an agreement to transfer Westfieldís personal lines business in Delaware to Main Street America’s NGM Insurance Company. Westfield entered Delaware…

HUB International Acquires Gemini Group, Inc. Jan 6, 2009 CHICAGO– Hub International Limited (Hub) announced today that it has acquired the assets of Gemini Group, Inc. (Gemini), a Denver, Colorado based employee benefits broker and consultant. Terms of the acquisition were not disclosed. Geminiís operations will combine with Hub’s existing Denver operations as part of…

For Immediate Release Rockwood Programs, Inc. 4001 Miller Road Wilmington, DE 19802 ROCKWOOD PROGRAMS TO PARTNER WITH FLORIDA-BASED AGENCY Rockwood Programs has partnered with Modern Insurance to establish a new subsidiary company. The new enterprise ñ named Modern Insurance Consultants, LLC will focus on its core expertise of Errors and Omissions (E&O) insurance for Insurance…

SOUTHWEST INSURANCE PARTNERS ACQUIRES NATIONAL HEALTH INSURANCE COMPANY September 30, 2008–The Board of Directors of Southwest Insurance Partners, Inc. (SWIP) announced today the successful completion of its acquisition of National Health Insurance Company (NHIC), a life and health insurance company based in Grand Prairie, Texas. NHIC had been under supervision by the Texas Department of…

HUB INTERNATIONAL ACQUIRES ALABAMA BASED PICKETT & ADAMS INSURANCE AGENCY, INC. Chicago September 10, 2008: Hub International Limited announced today that Hub International Gulf South Limited (HUB Gulf South) has acquired Pickett & Adams Insurance Agency (Pickett & Adams), a Mobile, Alabama agency with annual revenues of approximately $3.5 million. Pickett & Adams’ operations will…

Solutions at Work. Risk Strategies Company Announces the Acquisition of Blaich Associates, Inc. Boston, MA. August 1, 2008 Risk Strategies Company (RSC) today announced the acquisition of Blaich Associates, Inc. located in Manhasset, NY. Founded in 1934, Blaich Associates, Inc. is a retail insurance broker offering personal risk management, commercial property/casualty, employee benefits and personal…

SEFCU Insurance Buys Local Agency July 30, 2008 — ALBANY, N.Y. — SEFCU subsidiary SEFCU Insurance Agency has recently acquired the Schoharie Valley Agencies Inc. SEFCU Insurance Agency is a full-service insurance agency offering a broad range of insurance solutions, including personal and business products. As part of this merger, SEFCU Insurance Agency will expand…

HUB INTERNATIONAL ACQUIRES UNITED BENEFIT CONSULTING Northeast Operation Expands Employee Benefit Consulting Capabilities CHICAGOóJuly 7, 2008 ó Hub International Limited announced today that Hub International Northeast (HUB Northeast) has acquired the assets of United Benefit Consulting, Inc. (UBC), a Long Island-based firm specializing in employee benefit consulting services. Terms of the transaction were not disclosed….