has been acquired by

Insurance Center of New England

Acted as exclusive financial advisor to Insurance Center of New England, Inc. (ICNE) in its sale to Hub International Limited.  With locations in Agawam and Gardner, Massachusetts, ICNE is one of the largest locally owned, independent insurance agencies in New England. ICNE provides full-service insurance solutions for personal insurance, business insurance and group employee benefits.

has been acquired by

The Mechanic Group

Acted as exclusive financial advisor to The Mechanic Group (TMG) in its sale to Specialty Program Group. Established in 1989, TMG is an insurance program manager that specializes in delivering innovative risk management, insurance products and programs to the Security Guard, Private Investigation, Intelligence, Electronic Security, Alarm Installation, Central Station Monitoring and Security Consulting marketplace. TMG is a leading MGA for agents and brokers seeking a market for these insureds. Current leadership of TMG will continue to run all aspects of the operation and trade under The Mechanic Group brand.

has agreed to be acquired by

Rider Insurance

Acted as exclusive financial advisor to Rider Insurance Co. in its sale to Plymouth Rock Assurance of New Jersey. Founded in 1971 Rider is currently the largest motorcycle insurance provider in New Jersey, and the only carrier serving the motorcycle community exclusively. Rider offers motorcycle insurance, ATV/UTV and Off-road vehicle insurance coverage in Delaware, Indiana, Maryland, Michigan, New Jersey, Pennsylvania, Ohio and Virginia.

has been acquired by

Abram Interstate Insurance Services

Acted as exclusive financial advisor to Abram Interstate Insurance Services, Inc. in its sale to Arthur J. Gallagher & Co. Abram Interstate Insurance Services is a property/casualty managing general agency offering a full range of commercial, agri-business and personal insurance products to retail agents and their customers, primarily throughout California. Ron Abram and his associates will remain in their current location under the direction of Joel Cavaness, President of Risk Placement Services, Inc. (RPS), a subsidiary of Arthur J. Gallagher & Co.

 

 

has agreed to be acquired by

Cincinnati Equitable Life Insurance Company

Acted as exclusive financial advisor to Cincinnati Equitable Life Insurance in its sale to Farm Bureau Insurance of Michigan. Cincinnati Equitable Insurance Company, founded in 1826, and headquartered in Cincinnati, Ohio, is licensed to sell property casualty insurance in the states of Illinois, Indiana, Kentucky, Ohio, and Pennsylvania. Cincinnati Equitable Life provides pre-need and final expense life insurance solutions in the states of Georgia, Indiana, Kentucky, Mississippi, Ohio, and Tennessee. President Greg Baker and his colleagues at Cincinnati Equitable will continue to operate from their home office in Cincinnati, Ohio.

has agreed to be acquired by

Insurance Markets

Acted as exclusive financial advisor to Insurance Markets in its sale to W.N. Tuscano Agency.  Insurance Markets is a Managing General Agency (MGA) and surplus lines broker serving clients primarily in Pennsylvania.  Insurance Markets provides Tuscano with a local presence in Northeastern Pennsylvania to expand its presence in upstate New York and Northern New Jersey.  Bill Tierney, Peter Tierney, Joe Tierney and Ryan Tierney will join Tuscano and continue to operate from their Clarks Summit, PA office.

has been acquired by

First Western

Acted as exclusive financial advisor to First Western Insurance Agency in its sale to Hub. First Western is an independent insurance agency with 10 locations throughout the Black Hills of South Dakota, providing multi-line insurance solutions, including personal, commercial and employee benefits products, for their clients. First Western’s focus on various industries, such as agribusiness, construction, healthcare and transportation, supports Hub’s Specialty practices by complementing and strengthening Hub’s existing capabilities. Kyle Prewitt, President of First Western, will join Hub Mountain and report to Rene LeVeaux, President of Hub Mountain.

 

has acquired

Auto-Owners Insurance

Acted as the exclusive financial adviser to Auto Owners Insurance in its acquisition of Capital Insurance Group. Capital Insurance Group is a leading regional property & casualty underwriter, insuring personal lines and a wide range of commercial and agricultural businesses in California, Washington, Oregon, Nevada and Arizona. Based in Lansing, MI, Auto-Owners is a Fortune 500 multi-line insurance company that is represented by over 47,500 licensed agents in 26 states. This acquisition will expand Auto-Owners’ geographic reach with a premier west coast platform.

 

has been acquired by

Izzo Insurance Services

Acted as exclusive financial advisor to Izzo Insurance Services in its sale to Hull & Company, LLC, a subsidiary of Brown & Brown, Inc. Izzo Insurance is a wholesale brokerage that specializes in providing workers compensation insurance coverage options to its retail broker partners. Following the acquisition, Izzo Insurance Services will continue doing business from its existing Bloomingdale, Illinois location under the leadership of Karen Izzo. The office will operate as a new stand-alone location in Brown & Brown’s Wholesale Brokerage Division under the leadership of Tony Strianese.

has been acquired by

Dadgar Insurance

Acted as exclusive financial advisor to Dadgar Insurance Agency in its sale to Hub. Headquartered in Woburn, MA, Dadgar Insurance is an independent, multi-line insurance brokerage serving both individuals and businesses throughout New England for more than 30 years. Dadgar Insurance has extensive knowledge and deep experience in the hospitality and real estate industries focused on restaurant insurance and habitational insurance. They provide coverage to more than 500 restaurants and 1,500 landlords and apartment building owners throughout Massachusetts and New England. Following the acquisition, Anowsh Dadgar, President of Dadgar Insurance, will join Hub and will report to Charles Brophy, U.S. East Regional President of Hub.