Author: mysticcapital

Padgett-Young merges with The Buren Insurance Group October 1, 2009 – Padgett-Young & Associates has merged with The Buren Insurance Group. The merger adds new markets, products and increased expertise to both insurance agencies. As a result of the merger, Padgett-Young & Associates will expand from two to four locations including, Ashland, Lodi, Wadsworth and…

IRONSHORE PARTNERS WITH ROCKWOOD PROGRAMS TO ACQUIRE WRIGHT & CO. Hamilton, Bermuda, July 6, 2009 – Ironshore Inc. announced today that its wholly owned subsidiary, Ironshore Holdings (U.S.) Inc., and Rockwood Programs Holdings Inc. have entered into an agreement with Special Agents Mutual Benefit Association to acquire all of the issued and outstanding capital shares…

Bollinger Acquires Gail Steinberg & Co., Inc. May 8, 2008 – Short Hills, NJ — Bollinger, Inc. announces the acquisition of Gail Steinberg & Co., Inc. (GSC) of New York, NY. Gail Steinberg, President and CEO, will join Bollinger as a Senior Vice President. GSC was founded in 1990 by Ms. Steinberg to provide employee…

Allegacy Service acquires Estate and Business Insurance Services Apr 8, 2009- Winston-Salem, NC: Allegacy Services has acquired Estate and Business Insurance Services and merged it into its JBA Benefits unit, according to an announcement. Allegacy Services is a subsidiary of Allegacy Federal Credit Union, based in WinstonSalem. Estate and Business is also located in Winston-Salem….

Penn Millers divests Eastern Insurance Group February 2, 2009 — Penn Millers has completed the sale of its insurance agency operation to Eastern Insurance Acquisition Group, a local investment group. The sale was part of Penn Millersí strategy to concentrate on underwriting property/casualty insurance for Agribusiness and Commercial Business customers. Eastern Insurance Group (EIG) is…

Long Islandís Bradley & Parker Acquires Profile Coverage Jan 19, 2009 — SYOSSET, N.Y.–(BUSINESS WIRE)–Bradley & Parker today announced the acquisition of Profile Coverage Corporation and its affiliated companies, located in Ronkonkoma, New York. With roots going back to 1964, Profile Coverage Corp. is an all lines insurance agency/broker offering risk management, commercial and personal…

The Main Street America Group and Westfield Insurance Announce Delaware Personal Lines Agreement Jan 7, 2009 — JACKSONVILLE, Fla. & WESTFIELD CENTER, Ohio–The Main Street America Group and Westfield Insurance announced today they have reached an agreement to transfer Westfieldís personal lines business in Delaware to Main Street America’s NGM Insurance Company. Westfield entered Delaware…

HUB International Acquires Gemini Group, Inc. Jan 6, 2009 CHICAGO– Hub International Limited (Hub) announced today that it has acquired the assets of Gemini Group, Inc. (Gemini), a Denver, Colorado based employee benefits broker and consultant. Terms of the acquisition were not disclosed. Geminiís operations will combine with Hub’s existing Denver operations as part of…

For Immediate Release Rockwood Programs, Inc. 4001 Miller Road Wilmington, DE 19802 ROCKWOOD PROGRAMS TO PARTNER WITH FLORIDA-BASED AGENCY Rockwood Programs has partnered with Modern Insurance to establish a new subsidiary company. The new enterprise ñ named Modern Insurance Consultants, LLC will focus on its core expertise of Errors and Omissions (E&O) insurance for Insurance…

SOUTHWEST INSURANCE PARTNERS ACQUIRES NATIONAL HEALTH INSURANCE COMPANY September 30, 2008–The Board of Directors of Southwest Insurance Partners, Inc. (SWIP) announced today the successful completion of its acquisition of National Health Insurance Company (NHIC), a life and health insurance company based in Grand Prairie, Texas. NHIC had been under supervision by the Texas Department of…