has been acquired by

J.E. Brown & Associates

Acted as exclusive financial advisor to J.E. Brown & Associates Insurance Services, Inc. (J.E. Brown) in its sale to Hull & Company, LLC, a subsidiary of Brown & Brown, Inc. Founded in 1989, J.E. Brown is a managing general agency for retail insurance agents placing property and casualty insurance for businesses and individuals. The firm specializes in offering small business and personal lines property and casualty insurance products to customers in the western United States, primarily in California. Following the transaction, the J.E. Brown team will continue doing business under the leadership of Dave Brown and Wendy Heathorn from their Walnut Creek and Yorba Linda, California offices as a new stand-alone operation in Brown & Brown’s Wholesale Brokerage Segment.

has been acquired by

Clearwater Underwriters

Acted as exclusive financial advisor to Clearwater Underwriters (CUI), a surplus lines MGA based in Clearwater, FL, in its sale to Worldwide Facilities. Clearwater Underwriters was established in 1991 to provide a market for retail insurance agents in the placement of excess flood insurance coverage in the state of Florida. Since that time, the company has emerged as a competitive, trustworthy corporation with a diverse product line including flood, professional liability, personal and commercial lines. CUI is highly regarded among its partners and peers throughout the industry.

has been acquired by

Newport Insurance

Acted as exclusive financial advisor to Newport Insurance in its sale to Starkweather & Shepley.  Newport Insurance is a retail insurance agency serving both commercial and personal lines customers.  Following the acquisition, Newport Insurance and its 13 employees will continue to operate out of its Middletown, RI office.

has been acquired by

Dash & Love

Acted as exclusive financial advisor to Dash & Love, Inc. in its sale to Risk Strategies.  Founded in 1930 and based just outside of Philadelphia, Dash & Love is a highly respected, family-owned specialty retail insurance brokerage providing insurance placement and risk management advice to organizations and successful individuals and families across Pennsylvania and the tri-state area.

has been acquired by

Rand Insurance

Acted as exclusive financial advisor to Rand Insurance in its sale to Cross Insurance.

No press release has been issued for this transaction.

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 been 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 been 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.