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Miller Completes Acquisition of Spanish Specialty Re/Insurance Broker Bruzon

Insurance Journal

Miller, the London-based specialist re/insurance broker, announce it has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros. The transaction, which first was announced in May, closed on Sept. 30 following the receipt of all …

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UK Broker Kingfisher Insurance Acquires MIS Motorsport’s Commercial Business

Insurance Journal

the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Kingfisher Insurance Services Ltd., Financial details of the transaction were not disclosed. As part of the acquisition, a new entity will be created called …

Broker 278
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Markets/Coverages: Hub Int’l Forms Partnership With Largest Trucking Broker in Mexico

Insurance Journal

HUB), the Chicago-based insurance broker, announced an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurance broker in Mexico. Hub International Ltd. The partnership is a response to Mexico’s growing …

Broker 264
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Canada’s Axis Insurance Acquires P/C Broker Baker Insurance

Insurance Journal

the Vancouver, Canada-based insurance broker, announced the acquisition of Baker Insurance, a property/casualty brokerage based in Calgary. Axis Insurance Managers Inc., Financial details of the deal were not disclosed. This strategic move strengthens Axis’ presence in the region and enhances …

Broker 278
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PCF Insurance Services Acquires DLD Insurance Brokers in California

Insurance Journal

PCF Insurance Services acquired the insurance business of DLD Insurance Brokers in Irvine, California. DLD Insurance Brokers specializes in serving companies in the construction, real estate, manufacturing, medical device and technology sectors. PCF Insurance Services is headquartered in Lindon, Utah, …

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How California’s Homeowners Insurance Crisis is Affecting Brokers

Insurance Journal

A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on regulations and wildfires. Wildfires have made the …

Broker 306
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Insurance Broker Caught Pocketing $137K Commissions by Forging Policy Applications

Insurance Journal

An insurance broker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those clients’ personal and banking information to pay for those policies, was sentenced …