has been acquired by

Financial Guarantee Underwriters and American Tri-State Underwriters

Acted as the exclusive financial advisor to Financial Guarantee Underwriters, Inc. and American Tri-State Underwriters, Inc. in their sale to Atlantic Specialty Lines, Inc.  Financial Guarantee Underwriters has been servicing the surplus insurance needs of the independent agents of Texas since 1989 while American Tri-State has been serving the surplus lines insurance needs of the independent agents in Louisiana and Arkansas since 1980.  The operations will operate as Atlantic Specialty Lines of TX, LLC and continue under the direction of Donnie Mitchell as the profit center manager. 

has been acquired by

Fremont Michigan InsuraCorp

Acted as the exclusive financial advisor to Fremont Michigan InsuraCorp in its sale to Auto Club Insurance Association for $67.7 million.  Headquartered in Fremont, MI, the company provides property and casualty insurance to individuals, farms and small businesses exclusively in Michigan via independent agents.  Fremont Michigan InsuraCorp is rated “A” (Excellent) by A.M. Best. 

has been acquired by

Corporate Benefits Consultants

Acted as the exclusive financial advisor to Corporate Benefit Consultants, LLC in its sale to Brown & Brown of Connecticut, Inc., a subsidiary of Brown & Brown, Inc. With combined annualized revenues of approximately $3 million, Corporate Benefit Consultants provides specialty employee benefits brokerage and consulting services for public and private sector clients in Connecticut, Florida and throughout the northeastern United States. 

has been acquired by

Mid-Continent Insurance Company

Acted as the exclusive financial advisor to Mid-Continent Insurance Company, Inc. in its sale to Conifer Holdings, Inc. Mid-Continent was formed in 1969 and is a property and casualty insurance company domiciled in Pennsylvania; they provide the sale, service and/or administration of niche insurance products in Pennsylvania, Maryland, Ohio and Indiana.  The company’s annual revenues are approximately $15 million.

has been acquired by

Nevada General Insurance Company

Acted as the exclusive financial advisor to Chicago-Vegas Holding Company in the sale of its subsidiaries Nevada General Insurance Company and Auto Insurance America Insurance Agency to Enumclaw Insurance Group.  Auto Insurance America (AIC), which was formed in 1972, is a retail sales/service insurance agency with 15 offices focused on non-standard automobile insurance in Nevada and New Mexico.  AIC is the exclusive producer for all of the business of Nevada General Insurance Company.  Nevada General is rated “A” “Excellent” by A.M. Best and reported statutory surplus of $17.3 million as of June 30, 2010.

has been acquired by

Casco Indemnity Company

Acted as the exclusive financial advisor to N.E. Corp. in its sale to Ohio Mutual Insurance Group.  N.E. Corp. is a holding company for Casco Indemnity Company and is jointly owned by the Hingham Group, and Phenix Mutual Fire Insurance Co.  Casco Indemnity was formed in 1985 by a consortium of seven New England insurers, and currently offers commercial auto, personal auto, and personal umbrella insurance in six states – Maine, Rhode Island, Connecticut, Vermont, New Hampshire and South Carolina – through a network of 140 independent agents.  The company had $17.4 million in direct written premium in 2009, reported a statutory surplus of $8.8 million at the end of 2009. 

has been acquired by

Legacy Insurance Services

Acted as the exclusive financial advisor to Arizona Automobile Insurance Company and Legacy Insurance Services in their sale to Western National Insurance Group, Inc.  Headquartered in Phoenix, AZ, Legacy was formed in 1997 and Arizona Automobile Insurance Company in 2003.  Both companies specialize in personal lines, non-standard auto insurance.  Arizona Auto reported statutory surplus of approximately $3.1 million as of December 30, 2009. 

has been acquired by

Martin Benefits Consulting

Acted as exclusive financial advisor to Martin Benefits Consulting and Martin Human Resources in the sale of substantially all of the assets of the two companies to Brown & Brown of New York, a subsidiary of Brown & Brown, Inc.  Martin Benefits and Martin Human Resources have combined annual revenues of approximately $3 million and offer employee benefits products and services in New York City and throughout New York, Connecticut and New Jersey.

has acquired

Utica Mutual Insurance Company

Acted as exclusive financial advisor to Utica Mutual in the purchase of Nationwide Holdings, Inc., the holding company for Founders Insurance Company of Des Plaines, Illinois.  Founders has annual written premium of approximately $115 million in 47 states and the District of Columbia and specializes in writing non-standard automobile coverages, liquor liability and general liability coverages and some other commercial coverages.  Utica National employs 1,250 people at 11 locations around the country, including its home office in New Hartford, NY, seven regional offices and three claims offices.  

has been acquired by

Geneva Insurance Company

Acted as exclusive financial advisor to Geneva Insurance in the sale of the Company to Trillium Management Services, Inc.  Geneva provides personal automobile insurance with a concentration on the non-standard in suburban and rural areas of Indiana.  The Company’s policyholder surplus is approximately $2.5 million.