has acquired

Strickland Insurance Brokers

Acted as the exclusive consultant to Strickland Insurance Brokers, Inc. (SIB), a wholly owned subsidiary of the Strickland Insurance Group, Inc., in its acquisition of Tower Transportation Underwriters, Inc. (Tower Underwriters).  Tower Underwriters is a Managing General Agency that has been servicing the needs of agents in Virginia and Delaware since 1963.  The company, which has specialized in commercial and public transportation risks since its founding, will become part of Strickland Insurance Brokers, Inc., and continue to provide its agents with high quality service and products.

has sold certain assets to

Utica Mutual Insurance Company

Acted as the exclusive financial advisor to Utica Mutual Insurance Company in the sale of its brokerage division, Special Risk Solutions, Inc. (SRS), to W.N. Tuscano Agency.  SRS is a wholesale insurance broker that offers a wide range of commercial and personal lines coverages.  SRS will begin doing business under the Tuscano brand on December 3, 2012 and will operate under Tuscano’s management.  Utica agents will have immediate access to the many specialty products and markets that Tuscano offers.

has sold certain assets to

Texas Security General Insurance Agency

Acted as the exclusive financial advisor to Texas Security General Insurance Agency, Inc.  in the sale of certain assets to Brown & Brown, Inc.  Texas Security General, a wholesale brokerage with annual revenues of approximately $5.8 million, serves a wide base of independent insurance agents offering personal and commercial lines coverage’s throughout Texas.  The company also offers claims management services.  Through this acquisition, Brown & Brown sees Texas Security General serving as a platform to expand in the Texas personal and commercial wholesale insurance market while Texas Security General sees the acquisition as an opportunity to enhance its ability to serve its agent partners throughout Texas.

has acquired

AmeriLife Group

Acted as the exclusive financial advisor to AmeriLife Group, LLC in its acquisition of Vertical Vision Financial Marketing, LLC, a Woodstock, GA insurance marketing organization specializing in annuity sales.  This acquisition is expected to substantially increase AmeriLife’s annuity business.  One of the nation’s largest life and health insurance marketing organizations, since 1971 AmeriLife has provided for the insurance and financial needs of America’s expanding senior population through insurance-related products such as Health and Medicare Plans, together with services such as Licensed Third-Party Administration, Product Development, Financial Services, Long-Term Care Insurance, and Property and Casualty Insurance.

has acquired

Strickland Insurance Brokers

Acted as the exclusive financial advisor to Strickland Insurance Brokers, Inc. (SIB), a wholly owned subsidiary of the Strickland Insurance Group, Inc., in its acquisition of Winston-Salem, NC-based Carolina Insurance Service, Inc. (CIS).  Carolina Insurance Service is a managing general agency that has been servicing the needs of independent agents in North Carolina, South Carolina and Virginia since 1952.  The company, which has specialized in commercial and public transportation risks since its founding, will remain based in Winston-Salem.

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

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

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 been acquired by

Heath XS

Acted as the exclusive advisor to Heath XS, LLC in the sale of 80% of the outstanding membership’s interests in Heath XS, LLC and Hardscrabble Data Solutions, LLC to Hallmark Financial Services, Inc. for $15 million.  Heath XS is a New Jersey-based managing general underwriter producing approximately $50 million of excess commercial automobile and commercial umbrella risks on both an admitted and non-admitted basis through wholesalers throughout the United States. 

has acquired

Republic Group

Served as exclusive financial advisor to Republic Companies, Inc. in its acquisition of Southern States General Agency, Inc. from Unitrin, Inc.  Southern States provides a complete selection of specialty commercial and personal lines property and casualty products through independent agents in Louisiana, Arkansas, Texas and Mississippi.