has been acquired by

Strickland Insurance Group

Acted as the exclusive financial advisor to Strickland Insurance Group and its wholly-owned subsidiary Atlantic Casualty Insurance Company in their sale to Auto-Owners Insurance Group. Formed in 1983, Atlantic Casualty is a specialty property & casualty underwriter that primarily writes excess and surplus lines business through a network of MGA partners. The company operates in 48 states with offices in Goldsboro, NC; Scottsdale, AZ; Hartford, CT; and Philadelphia, PA. The management team, staff, and locations will remain as they position for growth and expansion of product offerings. 

has affiliated with

Florists' Mutual Insurance Company

Acted as the exclusive financial advisor to Florists’ Mutual Insurance Company in its affiliation with Sentry Insurance a Mutual Company.  Florists’ Mutual, founded in 1887, is a niche specific mutual insurance company that guides and provides solutions for retail florists, garden centers, nurseries, landscape contractors, greenhouse growers, wholesale floral distributors and interior plantscapers.  As a member of Sentry, Florists’ Mutual will maintain its name and brand and will continue doing business from its current headquarters in Edwardsville, IL. 

has been acquired by

Tri-State and Primero

Acted as the exclusive financial advisor to Tri-State and Primero in its sale to Nodak Mutual.  Tri-State is a retail sales/service general insurance agency and Primero underwrites specialty automobile insurance in Arizona, Nevada, North Dakota, and South Dakota through independent agents.  Primero is rated “A” by Demotech Inc.  Current President Herb Hill will retire and Vice Presidents Ryan Hill and Broch Hill will continue handling the claims and marketing for Tri-State and Primero.

has sold certain assets to

EGI Financial Holdings

Acted as the exclusive financial advisor and agent to EGI Financial Holdings Inc. of Toronto which operates in the property and casualty insurance industry in Canada, the United States and Europe in the sale of its United States non-standard automobile insurance operations.  EGI announced that it has entered into a definitive stock purchase agreement with White Pine Insurance Company, a Michigan-based specialty insurance company, to sell EGI Insurance Services, Inc. and all subsidiary companies, including American Colonial Insurance Company, a Florida domiciled insurance company and EGI Insurance Services (Florida), Inc., a Florida-based managing general agency.  American Colonial is currently writing new and renewal non-standard automobile insurance in Florida.

has acquired certain assets of

Electric Insurance Company

Acted as the exclusive financial advisor to Electric Insurance Company in the renewal rights acquisition of the preferred personal lines business of Millers First Insurance Company and Millers Classified Insurance Company (collectively “Millers First Group”).  This transaction will allow Electric Insurance to provide renewal quotes for preferred direct response  personal automobile, homeowners, and related insurance policies in Wisconsin, Illinois, and Missouri.  This transaction will also provide potential policyholders with the ability to access one of the most highly acclaimed customer service departments in the insurance industry. 

has acquired

Western National Mutual Insurance Company

Acted as the exclusive financial advisor to Western National Mutual Insurance Company of Edina, MN in its purchase of 100 percent of the stock of Arlington Heights, IL-based Dynamic Insurance Group, parent holding company of American Freedom Insurance Company.  American Freedom  Insurance Company will operate independently as a separate entity writing non-standard automobile coverage in Illinois, Indiana and Pennsylvania, under the ultimate management and control of Western National and with its full financial support.

has affiliated with

Pennsylvania National Mutual

Acted as the exclusive financial advisor to Pennsylvania National Mutual Casualty Insurance Company in its affiliation with Partners Mutual Insurance Company.  Penn National, founded in 1919, sells personal and commercial property and casualty insurance through a network of more than 750 independent agencies in nine states and is rated A- by A.M. Best.  Partners Mutual, which is headquartered in Waukesha, WI, sells personal and commercial property and casualty insurance in Iowa and Wisconsin through a network of 120 independent agencies.   In 2010, the Company wrote approximately $39 million of premium. 

has been acquired by

Fremont Michigan InsuraCorp

Acted as the exclusive financial advisor to Fremont Michigan InsuraCorp in its sale to Auto Club Insurance Association for $67.7 million.  Headquartered in Fremont, MI, the company provides property and casualty insurance to individuals, farms and small businesses exclusively in Michigan via independent agents.  Fremont Michigan InsuraCorp is rated “A” (Excellent) by A.M. Best. 

has been acquired by

Mid-Continent Insurance Company

Acted as the exclusive financial advisor to Mid-Continent Insurance Company, Inc. in its sale to Conifer Holdings, Inc. Mid-Continent was formed in 1969 and is a property and casualty insurance company domiciled in Pennsylvania; they provide the sale, service and/or administration of niche insurance products in Pennsylvania, Maryland, Ohio and Indiana.  The company’s annual revenues are approximately $15 million.

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.