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.

has been 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.

has been acquired by

Darton & Company, Inc.

Acted as exclusive financial advisor to Darton & Company, Inc. of Westport, CT, and its sister company, Golden, O’Neill & Gebhardt, Inc. of New Haven, CT in their sale to AssuredPartners. Darton & Company and Golden, O’Neill & Gebhardt are specialized personal lines agencies with a focus on high net worth clients and partnerships with the premier insurance carriers.  The agencies are a powerful addition to AssuredPartners and will continue to operate under the leadership of Patrick Healy.

has been acquired by

JS Clark

Acted as exclusive financial advisor to JS Clark Agency in its sale to AssuredPartners. Located in Southfield, MI, JS Clark provides employee benefit services to over 300 clients throughout the country. The agency currently reports annualized revenues of $5.3 million. Following the acquisition, the team of 30 employees will remain under the current operational structure and leadership of Joel S. Clark.

has sold certain assets to

Columbia Insurance Group

Acted as the exclusive financial advisor to Columbia Insurance Group (“CIG”) in its renewal rights sale of farmowners business to ECM Insurance Group. ECM Insurance Group, based in Everett, Pennsylvania, will acquire the renewal rights to all of CIG’s farmowners business. As part of the transaction, Missouri domiciled Citizens Mutual Insurance Company will merge into Everett Cash Mutual Insurance Company, the parent company of ECM Insurance Group. Columbia Insurance Group produced $15 million of farmowners related business in 2017.

has been acquired by

DBR Group

Acted as exclusive financial advisor to DBR Group in its sale to The Hilb Group. Founded in 2004, DBR is an employee benefit and actuarial consulting firm providing a full range of benefits consulting and brokerage services to organizations of all sizes, including corporations, non-profits, Taft-Hartley funds, and public sector employers. Following the acquisition, DBR will continue to operate out of their Framingham, MA location under the direction of the founding leadership: Paul Desrosiers, Chris Bean and Jim Roche.