has affiliated with

 

Badger Mutual

Acted as exclusive financial advisor to Badger Mutual Insurance Company (“Badger”) in its affiliation with Rural Mutual Insurance Company (“Rural”). Rural and Badger, with a combined 227 years of providing farm, commercial and personal policies, are well-respected Wisconsin-based brands that each maintain an extensive breadth of industry knowledge, exceptional customer service, and deep community involvement. The affiliation is expected to generate long-term growth and stability for employees, agents, and policyholders. Rural adds its financial strength and AM Best A+ rating, seasoned staff, local agents, and operational excellence to the relationship. Badger contributes an experienced management team and independent agents with an expanded sales footprint in six states outside of Wisconsin. Both companies will continue to maintain their existing brand identities and Wisconsin headquarters with Rural in Madison and Badger in Milwaukee.

 

Columbia Insurance Group Logo

has agreed to sell its
personal lines business to

SafeCo Insurance Mutual Company

 

Columbia Insurance Group

Acted as exclusive financial advisor to Columbia Insurance Group in the sale of its personal lines business to Safeco Insurance, a Liberty Mutual Company (“Safeco Liberty Mutual”).  Under the agreement, Columbia will transfer its entire personal lines auto and umbrella lines business in eight states to Safeco Liberty Mutual, effective for renewals beginning January 1, 2025.  Safeco Liberty Mutual will expand its agency footprint and customer base in Arkansas, Illinois, Iowa, Kansas, Missouri, Nebraska, Oklahoma and South Dakota, while Columbia will focus exclusively on commercial solutions going forward.

 

Southern Insurance Agency, LLC

has been acquired by

NFP

Southern Insurance Agency, LLC

Acted as exclusive financial advisor to Southern Insurance Agency, LLC (SIA) in its sale to NFP Corp. (NFP). Headquartered in New Orleans, LA, SIA offers a variety of P&C solutions and services for middle-market companies, including general liability, commercial property, business auto and cyber liability coverages. Under the leadership of Founder and President, Louis Faust, the SIA team has consistently demonstrated a deep knowledge of the intricacies of the New Orleans market, including weather-related and other risks specific to the area, and an ability to secure coverage for more challenging exposures.

Rowley Agency

has been acquired by

Gallagher

The Rowley Agency, LLC

Acted as exclusive financial advisor to The Rowley Agency, LLC (Rowley) in its sale to Arthur J. Gallagher & Co. (Gallagher). Headquartered in Concord, New Hampshire, Rowley is one of the largest independent insurance agencies in New England, providing property/casualty, surety and employee benefits products to commercial and personal lines clients primarily in New Hampshire, Vermont, Maine and Massachusetts from the Company’s four office locations. Dan Church, Gary Stevens and their team will remain in their current location under the direction of Brendan Gallagher, head of Gallagher's Northeast region retail property/casualty brokerage operations, and John Neumaier, head of Gallagher's East region employee benefits consulting and brokerage operations.

has been acquired by

Employee Benefit Services of Maryland (EBS)

Acted as exclusive advisor to Employee Benefit Services of Maryland (EBS) in its sale to RCM&D, A Unison Risk Advisors Company. EBS is one of the fastest growing benefits firms in the mid-Atlantic region. EBS is a Baltimore-based firm, founded in 2012, offering employee benefits services and innovative product offerings. EBS colleagues will continue to serve their clients offering the expanded resources of RCM&D including property & casualty, retirement plan services, life insurance, RCM&D’s Self-Insured Services Company (SISCO) and more.