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. 

has affiliated with

Phenix Mutual Fire Insurance Company

Acted as exclusive financial advisor to Phenix Mutual in its affiliation with The Motorists Insurance Group.  Phenix is a 123-year old property and casualty insurer operating in New Hampshire, Maine, Vermont, Massachusetts, Rhode Island and South Carolina.  During 2008, Phenix posted $26.5 million in direct and assumed premium.  Motorists, which is headquartered in Ohio and writing business throughout the Midwest, had $541.3 million in policyholders’ surplus at the end of 2008 and was rated “A” (Excellent) by A.M. Best.

has acquired

Hanover Insurance Group

Acted as the exclusive financial advisor to The Hanover Group, Inc. in its acquisition of AIX Holdings, Inc. Windsor, CT-based AIX Holdings is a specialty property and casualty insurer that underwrites and manages program business, utilizing alternative risk transfer techniques.  AIX Holdings has developed general liability, workers’ compensation, property and auto liability programs for a range of well-defined, under-served markets where there are specialty coverage or risk management needs.

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. 

Sale to Republic Group

Retained by Four Corners to find a buyer with a strong interest in supporting the Company’s non-standard automobile expansion plans in the Southwest and others areas of the country. The sale of Four Corners was driven by the two principal owners’ desire for a well-capitalized partner. For Republic, Four Corners provides a proven track-record of profitable underwriting, a state-of-the-art policy management system, and bilingual servicing capabilities that will help it serve the growing Hispanic market. Republic also plans to leverage Four Corners’ capabilities to expand its non-standard writings in Louisiana, Mississippi and Arkansas in the near term.