Insurance Journal

JULY 30, 2024

Michigan-headquartered Highstreet Insurance Partners, a rapidly growing, multistate insurance agency, has added to its Florida presence with the acquisition of Flagler Insurance Agency, based in Palm Beach, Florida. The terms of the deal were not reported. Highstreet said in a …

Insurance Agency 261

Insurance Agency Insurance Insurer Insured 261

Insurance Journal

JULY 24, 2024

Jewelers Mutual Group acquired Union Life & Casualty Insurance Agency in Phoenix, Arizona. JM Insurance Agency Partners Inc., UL&C has been in the insurance business since 1965, specializing in pawn and … a Jewelers Mutual Group company, will join with UL&C.

Casualty Insurance 260

Casualty Insurance Insurance Agency Insurance Insurer 260

Insurance Journal

JULY 17, 2024

Independent insurance agency Deland, Gibson Insurance Associates in Wellesley, Massachusetts announced it recently acquired Atchue Insurance Agency, which is located about 35 miles away in Worcester. in 1982, Atchue Insurance Agency has grown from … Founded by Earl V. Atchue, Jr.

Insurance Agency 254

Insurance Agency Insurance Insurer Insured 254

Insurance Journal

JULY 17, 2024

The total of insurance agency mergers and acquisitions during the first six months of 2024 was the lowest over the first half since 2020, according to investment banking and financial firm OPTIS Partners. OPTIS Partners’ M&A database counted 300 announced …

Insurance Agency 279

Insurance Agency Insurance Insurer Insured 279

Insurance Journal

OCTOBER 1, 2024

Crest Insurance Group acquired Alliance Insurance Agency LLC in Colorado. Crest’s Colorado operations center around its Denver hub and expand to Longmont and Fort Collins. The Alliance deal adds Arvada to the footprint and adds 20 employees to the Crest …

Insurance Agency 264

Insurance Agency Insurance Insurer Insured 264

Insurance Journal

JULY 25, 2024

A New Mexico woman pleaded guilty in federal court for an armed robbery of a Gallup insurance agency. Amber Yazzie, 29, of Gamerco, pleaded guilty to robbery and federal firearms charges for her role in the armed robbery of C …

Insurance Agency 278

Insurance Agency Insurance Insurer Insured 278

Insurance Journal

NOVEMBER 27, 2024

Leavitt Inland Pacific is merging with Troy Insurance Agency in Idaho. Both agencies are locally owned and affiliates of Leavitt Group, a network of insurance brokers. This strategic partnership enables Leavitt Inland Pacific to offer service team support and use …

Insurance Agency 264

Insurance Agency Insurance Broker Broker Insurance 264

Insurance Journal

AUGUST 27, 2024

Inszone Insurance Services, a provider commercial, personal and benefits insurance, announced the acquisition of Keith Williams Insurance Agency, Inc. KWI), a Victoria, Texas-based agency serving individuals and businesses throughout Texas.

Insurance Agency 255

Insurance Agency Commercial Insurance Insurer 255

Insurance Journal

JULY 23, 2024

based insurance brokerage that provides property & casualty and employee benefits solutions, announced that Tropolis has completed the acquisitions of three insurance agencies in Southeastern Michigan. Unity Partners, a principles-based private equity firm, and Tropolis, an Ann Arbor, Mich.-based Terms of …

Insurance Agency 261

Insurance Agency Insurance Insurer Insured 261

Insurance Journal

NOVEMBER 27, 2024

Insurance broker Aon plc announced it has signed a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG), enhancing Aon’s risk and health capability offering in Japan. Financial details of the deal were not disclosed.

Insurance Agency 290

Insurance Agency Insurance Broker Broker Insurance 290

Insurance Journal

JULY 29, 2024

Confie, a California-based personal lines distributor, has acquired three insurance agencies in the South, the firm said last week. Affordable Insurance in Hendersonville, North Carolina; US1 Insurance in Miami; and Bridgepoint Insurance in McAllen, Texas, are now part of the …

Insurance Agency 257

Insurance Agency Insurance Insurer Insured 257

Insurance Journal

JANUARY 14, 2025

Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location in Lakeport, California, by the end of January. Its Fort Bragg location will remain open, and the same team will …

Insurance Agency 162

Insurance Agency Insurance Insurer Insured 162

Insurance Journal

JANUARY 13, 2025

Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location in Lakeport, California, by the end of January. Its Fort Bragg location will remain open, and the same team will …

Insurance Agency 162

Insurance Agency Insurance Insurer Insured 162

Insurance Journal

JANUARY 8, 2025

The Andrew Agency has acquired Garriques, Lloyd & McMahon in Richmond, Virginia. Founded in 1963, GLM Insurance is a third-generation family-owned agency providing personal and commercial insurance throughout Virginia and North Carolina. The Andrews Agency is an independent agency based …

Insurance Agency 246

Insurance Agency Commercial Insurance Commercial Insurance 246

Insurance Journal

JANUARY 13, 2025

Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location in Lakeport, California, by the end of January. Its Fort Bragg location will remain open, and the same team will …

Insurance Agency 147

Insurance Agency Insurance Insurer Insured 147

Insurance Journal

OCTOBER 16, 2024

This post is part of a series sponsored by Darkhorse Insurance. Ever wondered what it’s like to be a Farmers Insurance agent? In this eye-opening blog, a former Farmers agent spills the beans on the inside scoop. Get ready for …

Insurance Agency 233

Insurance Agency Insurance Agent Insurance Agents Agents 233

Insurance Journal

JULY 25, 2024

PCF Insurance Solutions announced it has acquired the insurance business of Weslaco, Texas-based Montalvo Insurance Agency. Montalvo offers personal and commercial insurance coverage including homeowners, auto, general and professional liability, workers’ compensation and bonds.

Insurance Agency 162

Insurance Agency Commercial Insurance Liability Commercial 162

Insurance Journal

DECEMBER 10, 2024

Global insurance broker Hub International Limited announced that it has acquired the assets of Fairfield County Bank Insurance Services, LLC. Terms of the transaction were not disclosed. Headquartered in Ridgefield, Connecticut, with additional offices across the state and in New …

Insurance Agency 246

Insurance Agency Insurance Broker Broker Insurance 246

Insurance Journal

DECEMBER 19, 2024

acquired the assets of Otter Insurance Agency Inc. Patrick Otter, president, and the Otter Insurance Agency team will join HUB Northwest. Otter Insurance Agency will be referred to as Otter Insurance Agency, a Hub … Hub International Ltd. in Lynnwood, Washington.

Insurance Agency 130

Insurance Agency Insurance Insurer Insured 130

Redbird Agents

SEPTEMBER 13, 2024

Increasing inbound calls is vital for any insurance agency looking to grow its client base. By optimizing your Google Business Profile and implementing effective local SEO strategies , you can make your agency more visible to potential clients and boost the number of inquiries.

Insurance Agency 241

Insurance Agency Insurance Insurer Insured 241

Insurance Journal

JANUARY 15, 2025

This post is part of a series sponsored by Darkhorse Insurance. Starting a new insurance agency is a thrilling venture, and one of the most important steps in this journey is picking the right name. Your agency name is more …

Insurance Agency 130

Insurance Agency Insurance Insurer Insured 130

Insurance Journal

NOVEMBER 27, 2024

This post is part of a series sponsored by Darkhorse Insurance. Having to start an agency is an exciting and rewarding venture, but it’s crucial to plan for the financial commitments involved. From initial setup costs to ongoing expenses, understanding …

Insurance Agency 239

Insurance Agency Insurance Insurer Insured 239

Insurance Journal

SEPTEMBER 5, 2024

NFP acquired Scott Litman Insurance Agency in Calabasas, California. SLIA offers property/casualty insurance to clients with a … Scott Litman, president of SLIA, will join NFP as a senior vice president and report to Ed Kurowski, managing director, West region P&C.

Insurance Agency 147

Insurance Agency Casualty Insurance Insurance Insurer 147

Insurance Journal

NOVEMBER 12, 2024

Inszone Insurance Services acquired Springbrook Insurance Agency in San Diego, California. Charlene and John Drapp will be staying on after the transition to Inszone Insurance. Springbrook Insurance Agency offers insurance services with a primary focus on commercial lines and non-profit …

Insurance Agency 130

Insurance Agency Commercial Insurance Insurer 130

Insurance Journal

OCTOBER 30, 2024

The total of insurance agency mergers and acquisitions as of the end of September was down 10% from the same period in 2023, according to investment banking and financial consulting firm OPTIS Partners. OPTIS Partners’ M&A database counted 535 announced …

Insurance Agency 147

Insurance Agency Insurance Insurer Insured 147

Redbird Agents

SEPTEMBER 13, 2024

Insurance marketing is the driving force behind the growth of any successful insurance agency. Whether you’re an established agency owner or just starting, having a strong marketing strategy is essential to attract new clients, retain existing customers, and scale your insurance business.

Insurance Agency 130

Insurance Agency Insurance Insurer Insured 130

Insurance Journal

NOVEMBER 3, 2024

By Don Jergler Itis a family affair at Heritage Insurance Agency o and not just because a husband-and-wife team run the firm. Steve Mora, the principal and CEO, who runs the Chico, California-based agency along with his wife Kelly, principal …

Insurance Agency 130

Insurance Agency Insurance Insurer Insured 130

Solstice Insurance Broker

MAY 9, 2024

Are you looking to enhance the efficiency and client experience at your insurance agency ? It's all about having the right processes and procedures in place. However, it will be all for naught if you don't adequately train and implement these processes and procedures.

Insurance Agency 130

Insurance Agency Insurance Insurer Insured 130

Insurance Journal

DECEMBER 11, 2024

This post is part of a series sponsored by Darkhorse Insurance. When you start an insurance agency, it’s an exciting venture! Putting together a detailed insurance agency business plan is key to ensuring … But, it requires careful planning and strategy.

Insurance Agency 130

Insurance Agency Insurance Insurer Insured 130

Insurance Journal

DECEMBER 2, 2024

It’s a family affair at Heritage Insurance Agency and not just because a husband-and-wife team run the firm. Steve Mora, the principal and CEO, who runs the Chico, California-based agency along with his wife Kelly, principal and chief marketing officer, …

Insurance Agency 130

Insurance Agency Insurance Insurer Insured 130

Insurance Journal

NOVEMBER 17, 2024

By Chad Hemenway The total number of insurance agency mergers and acquisitions as of the end of September was down 10% from the same period in 2023, according to investment banking and financial consulting firm OPTIS Partners. OPTIS Partners’ M&A …

Insurance Agency 130

Insurance Agency Insurance Insurer Insured 130

Insurance Journal

DECEMBER 30, 2024

announced the acquisition of Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. BMR Insurance is a retail insurance agency serving commercial and personal lines clients primarily … Gallagher & Co. Terms of the transaction were not disclosed.

Insurance Agency 264

Insurance Agency Commercial Insurance Insurer 264

Insurance Journal

SEPTEMBER 13, 2024

Duffy Insurance Agency, based in Lynn, Massachusetts, has acquired The Cowan Insurance Agency of Haverhill, also in Essex County. The Cowan agency, founded in 1938, is a fourth generation family business now led by Stefanie (Cowan) Guillemette. The independent agency …

Insurance Agency 263

Insurance Agency Insurance Insurer Insured 263

Insurance Journal

NOVEMBER 5, 2024

announced the acquisition of Fenton, Michigan-based Peabody Insurance Agency, Inc. Peabody Insurance). Peabody Insurance is a retail insurance agency serving commercial and personal lines clients primarily in southeast … Gallagher & Co. Terms of the transaction were not disclosed.

Insurance Agency 275

Insurance Agency Commercial Insurance Insurer 275

Insurance Journal

OCTOBER 8, 2024

Florida law requires insurance agencies’ customer service representatives to work only at the agency office. But with another hurricane headed toward the state, and much of the western part of the state under evacuation orders, Florida’s chief financial officer has …

Insurance Agency 277

Insurance Agency Insurance Insurer Insured 277

Insurance Journal

DECEMBER 29, 2024

Loyalhanna Insurance Group of Latrobe, Pennsylvania has been acquired by Union Bay Acquisition LLC, an aggregator of insurance agencies based in Lansdale, Pennsylvania. Terms were not disclosed. This acquisition is Union Bay’s sixteenth, and seventh in the state of Pennsylvania.

Insurance Agency 279

Insurance Agency Insurance Insurer Insured 279

Redbird Agents

AUGUST 28, 2023

Navigating the insurance landscape can be challenging for insurance agency owners. From understanding various acronyms and abbreviations like IMO, FMO, and MGA, to managing relationships with insurance carriers, there is a lot to consider. Evaluate the commission structure of each IMO carefully. Yes, I need an IMO!

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Insurance Agency Insurance Carrier Insurance Agent Insurance Agents 130